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October 18, 2021

U.S. Voters

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The Hidden History of American Oligarchy

2 min read

Here’s a brief rundown about the battle against oligarchy in American history. John Iadarola and Thom Hartmann break it down on The Damage Report.

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Read more here: https://www.penguinrandomhouse.com/books/659338/the-hidden-history-of-american-oligarchy-by-thom-hartmann/

"Thom Hartmann, the most popular progressive radio host in America and a New York Times bestselling author, looks at the history of the battle against oligarchy in America–and how we can win the latest round.

Billionaire oligarchs want to own our republic, and they’re nearly there thanks to legislation and Supreme Court decisions that they have essentially bought. They put Trump and his political allies into office and support a vast network of think tanks, publications, and social media that every day push our nation closer and closer to police-state tyranny.

The United States was born in a struggle against the oligarchs of the British aristocracy, and ever since then the history of America has been one of dynamic tension between democracy and oligarchy. And much like the shock of the 1929 crash woke America up to glaring inequality and the ongoing theft of democracy by that generation’s oligarchs, the coronavirus pandemic of 2020 has laid bare how extensively oligarchs have looted our nation’s economic system, gutted governmental institutions, and stolen the wealth of the former middle class."

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