Joe Biden warns of ultra-wealthy 'oligarchy' threatening US democracy
www.euronews.com
Biden warns of an ultra-wealthy ‘oligarchy’ threatening democracy in the United States as he delivers his farewell address.

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US President Joe Biden used his farewell address to the nation to deliver stark warnings about an “oligarchy” of ultra-wealthy individuals and a “tech-industrial complex” that infringes on Americans’ rights and threatens the future of democracy in the nation.

Archived version: https://web.archive.org/web/20250116073204/https://www.euronews.com/2025/01/16/biden-warns-of-ultra-wealthy-oligarchy-threatening-us-democracy-in-farewell-address-to-the

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  • Belly_Beanis [he/him]@hexbear.netEnglish
    2·
    2 days ago

    Escalated the Korean War and sent the first troops to Vietnam to protect French interests. Also kept some of the WWII money going instead of winding it down, making it permanent. One example is postwar investment into Europe and the Middle East, then using the military to protect those investments.

    A lot of countries post-WWII immediately shut down weapons production to something that makes sense in peacetime. Eisenhower (and also Truman) just found new places to put American weapons to use.