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The American Oligarch Class
Feb 14, 2024
Guest Tim Murphy, senior reporter for Mother Jones, explores the concept of American oligarchy and its impact throughout history. He delves into the history and changing meaning of the term 'oligarch', highlighting the collaborations between Russian and American oligarchs to protect their wealth. The podcast also discusses the growing influence of the American oligarch class, particularly in the tech industry, and the need to reevaluate our understanding of wealth and its implications for societal change.
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Quick takeaways
- The podcast explores the rise of Russian and American oligarchs, highlighting their immense wealth and power.
- The episode emphasizes the extractive nature of the American oligarchy, where wealth is accumulated through mining resources, including data, and exploiting public systems.
Deep dives
The Rise of Oligarchs and the Russian Connection
The podcast explores the concept of oligarchs, beginning with the rise of Russian oligarchs following the collapse of the Soviet Union. It discusses figures like Boris Berezovsky and Roman Abramovich, who amassed immense wealth and power. It also highlights the close relationship between Russian and American oligarchs, particularly in the realm of real estate investment. The episode emphasizes the extractive nature of the American oligarchy, where wealth is accumulated through mining resources, including data, and exploiting public systems. It further examines the influence of American oligarchs on society through their philanthropy and the pursuit of personal agendas.
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