POLITICAL: It’s official; the USA is an oligarchy

https://greenwald.substack.com/p/the-threat-of-authoritarianism-in

The Threat of Authoritarianism in the U.S. is Very Real, and Has Nothing To Do With Trump
The COVID-driven centralization of economic power and information control in the hands of a few corporate monopolies poses enduring threats to political freedom.

Glenn Greenwald
Dec 28, 2020

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Whether the U.S. was a democracy in any meaningful sense prior to Trump had been the subject of substantial scholarly debate. A much-discussed 2014 study concluded that economic power has become so concentrated in the hands of such a small number of U.S. corporate giants and mega-billionaires, and that this concentration in economic power has ushered in virtually unchallengeable political power in their hands and virtually none in anyone else’s, that the U.S. more resembles oligarchy than anything else:

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We’ve already seen the difference in justice for the elite and the poor slubs.

—30—

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