‘Oligarchy of ultra-wealthy taking shape in US’: Biden in farewell address

‘Oligarchy of ultra-wealthy taking shape in US’: Biden in farewell address

President Joe Biden’s farewell address warns of the dangers posed by the concentration of power among the ultra-wealthy, describing it as an emerging oligarchy. He also highlights the threats of misinformation and a declining free press, while reflecting on his administration’s achievements and stressing the need to guard democratic institutions.

​President Joe Biden’s farewell address warns of the dangers posed by the concentration of power among the ultra-wealthy, describing it as an emerging oligarchy. He also highlights the threats of misinformation and a declining free press, while reflecting on his administration’s achievements and stressing the need to guard democratic institutions. 

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