5min snip

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#450 – Bernie Sanders Interview

Lex Fridman Podcast

INSIGHT

Oligarchy and Lobbying in the US

  • The US is trending towards an oligarchic form of society where a small number of powerful entities control the economy and political system.
  • Billionaires exert undue influence on elections and legislation.
  • Powerful lobbies, such as the pharmaceutical industry with over 1,800 lobbyists, heavily influence policy and contribute to high prescription drug prices.
  • The military-industrial complex, with its revolving door between government and defense contractors, results in massive fraud, waste, and cost overruns in the Pentagon.
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