The article discusses the alarming shift in the United States towards an oligarchy, highlighting how billionaires and unelected individuals are increasingly controlling governance. With a focus on the wealthy political elites, it notes that many of the richest politicians are Republicans who have accrued vast wealth through business, primarily in private equity and venture capitalism. The article emphasizes the stark contrast in net worth between Trump's cabinet and Biden's, reflecting an unprecedented level of economic disparity and the concentration of power among the richest citizens, eroding democratic foundations.
The level of wealth and the distance between their riches and the average citizen today is unprecedented in all of history.
Trump's proposed cabinet is the richest in American history with a combined net worth of $450 billion, vastly surpassing Biden's cabinet.
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