Roosevelt, approached the idea of American oligarchy with a slightly more open mind. Writing in 1934, he noted that some institutions that Americans held in the highest regard were hardly democracies.

"A primary concern for Chen, Wolf-Schwaiger and other young democrats is the direct involvement of Trump into what content is unregulated and unchecked, thanks to his relations with tech CEOs." ...

The scene set up the possibility of “a new kind of American oligarchy,” my colleagues Michael Scherer and Ashley Parker wrote in The Atlantic that afternoon. Trump’s empowerment of Musk, the world’s ...

In his farewell address, outgoing US President Joe Biden warned "an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy.

Through Elon Musk and the “Department of Government Efficiency” (DOGE), the administration is implementing a restructuring of the state in the interests of the financial oligarchy. The goal is ...