An excerpt from President Biden’s farewell address that reads, “I want to warn the country of some things that give me great concern. And this is a dangerous concern. And that’s the dangerous concentration of power in the hands of a very few ultra-wealthy people. Today, an oligarchy is taking shape in America of extreme wealth, power, and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead.”
In his farewell address, Joe Biden warned against what is “taking shape” in America: an oligarchy that threatens the country’s democracy. Read David Remnick on what we can take away from the outgoing President’s alarming remarks: nyer.cm/faHlB38
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