Lever Time Oligarchy Now
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Jan 20, 2025 
David Dayen, executive editor of The American Prospect, and Ryan Grim, co-founder of DropSite News, delve into the implications of Trump’s resurgence. They discuss how Trump's support from corporate America symbolizes a shift toward oligarchy. The duo explores the political landscape, analyzing the dynamics of populism and the self-interests of wealthy elites. They tackle controversial confirmation hearings and the ideological shifts in the Republican Party, shedding light on the complex relationships between powerful tech leaders and far-right figures within the political arena.
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Right-Wing Populism's Contradiction
- Right-wing populism struggles with targeting plutocrats because it's often funded by them.
- This leads to channeling anger towards immigrants, racial issues, and sometimes anti-Semitism.
Biden's Oligarchy Paradox
- Joe Biden, after a long career intertwined with oligarchic interests, denounces oligarchy in his farewell address.
- This contradiction highlights the deep-rooted nature of the issue within the political system.
Biden's Delayed Critique
- Biden's late focus on oligarchy might be due to his past political ambitions and donor relationships.
- He may have avoided criticizing oligarchs while seeking their financial support.