Biden's Stark Warning: The Rise of Oligarchy and Extreme Wealth in America
2025-01-16
Hindustan Times
In a somber farewell address, US President Joe Biden cautioned the nation about the escalating threat of oligarchy and extreme wealth concentration. He emphasized the dangers of a power imbalance, where a tiny elite holds sway over the masses. Biden's warning comes as concerns about income inequality and social injustice continue to simmer. The President's words serve as a stark reminder of the need for economic reform and greater accountability. With the rich-poor gap widening, Biden's call to action highlights the urgency of addressing wealth disparity and promoting a more equitable society, where economic growth and social justice go hand-in-hand, including issues like wealth tax and economic inequality.