this post was submitted on 28 Oct 2024
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United States | News & Politics

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Democracy Dies... in the Pockets of the American Oligarchy (www.commondreams.org)
submitted 1 week ago by return2ozma@lemmy.world to c/usa@lemmy.ml
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[โ€“] nondescripthandle@lemmy.dbzer0.com 8 points 1 week ago (1 children)

I like to think of it as consolidation. Its been an oligarchy for a long time, now it's more concentrated in fewer hands.

[โ€“] Flocklesscrow@lemm.ee 4 points 1 week ago* (last edited 1 week ago)

Aka End-stage capitalism. All the consumer surplus has been converted to firm profit.