In recent years, the influence of billionaires in American politics has grown substantially, reshaping the political landscape.
Wealthy individuals now play a significant role in funding political campaigns, lobbying for favorable policies, and controlling media narratives.
The 2010 Citizens United ruling allowed unlimited spending in political campaigns, giving billionaires unprecedented power to sway elections and policymaking.
Corporate interests, often aligned with billionaires, have pushed for tax cuts, deregulation, and policies that benefit the wealthy, further widening the wealth gap.
Media ownership by the ultra-rich also ensures that their perspectives dominate public discourse, reinforcing their control over the political process.
As billionaires consolidate power, the voices of ordinary citizens are increasingly marginalized, raising concerns about the future of American democracy.
I don’t think it’s necessarily a big problem. I’m not for undue influence by any one group in politics, but if it’s the “oligarchs” vs. the “progressives,” I’ll take the oligarchs in most cases.
I’ll take them over the populist, emotional, uneducated masses as well.