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Has America Become An Oligarchy?

This is a tricky answer that seems pretty obvious.

Ted Bauer
4 min readNov 21, 2024

In order to paint with some nuance up top in this post, go over to Google News right now and search “oligarchy” in the search bar. You will find three dozen articles claiming that America is currently an oligarchy. However, if you click into these articles, you will find that virtually all of them are written by left-leaning publications. So, it’s easy to make an argument that “history is written by the winners,” and so the current losers — i.e. the too-far-to-the-left-of-average-people Democratic party — are whining and saying it’s a rigged money game. While politics is absolutely a rigged money game and has been since even before Citizens United, the left side does it too. Kamala had more billionaire donors than Trump did, as one small example.

The idea of America as an oligarchy is nothing new. I think people said that back into the 1970s. In 2014, some academics got some mainstream press for saying the same thing:

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Ted Bauer
Ted Bauer

Written by Ted Bauer

I write about a lot of different topics, from work to masculinity to relationships and social dynamics, I.e. modern friendship. Pleasure to be here.

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