Everything about CEOs is like a monarchy. Wealth inheritance in business families like the Waltons? Just the capitalism version of royal heirs getting their throne. Presidents? They don’t run jackshit ever since money got into politics

America is back in the era of kings, and arguably a worse one

      • BuckFutter@timeyak.com
        5·
        2 days ago

        I see the sarcasm, but yah definitely not a new term for those just tuning in

        Russian oligarchy refers to a political and economic system in which a small group of extremely wealthy individuals, known as oligarchs, hold significant power and influence over the government and economy of Russia. This term often describes the close ties between wealth and political authority that emerged after the collapse of the Soviet Union.