#oligarchy

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TheBadPlace
@TheBadPlace@mastodon.ozioso.online · May 27, 2026
Mother Jones | Tax Me If You Can by Jeffrey Winters AI generated summary, Read the full article for complete information. Democracy in the United States has long tolerated a quiet oligarchy, but recent decades have seen that influence explode into the open: Supreme Court rulings such as Citizens United unleashed “dark money” and allowed a handful of ultra‑rich individuals—Elon Musk, the late Sheldon Adelson’s family, Timothy Mellon, among others—to funnel billions into elections, accounting for nearly half of 2024’s presidential‑contest spending. At the same time the IRS has been progressively crippled—first by the 1970s sabotage of investigator Dick Jaffe, later by drastic budget cuts that slashed enforcement capacity by more than 90 percent—leaving a colossal tax gap (estimated at $700 billion‑plus in 2022) that the government cannot close. Wealthy Americans evade taxes through intricate offshore structures and a powerful “Wealth Defense Industry” of former tax agents, prosecutors, and elite law firms that neutralize investigations, turn audits into costly, drawn‑out battles, and often settle for fractions of the owed sums while keeping the details private. High‑profile cases such as the Wyly brothers’ $3.2 billion claim reduced to $300 million, and the Smith–Brockman scheme that ended in non‑prosecution agreements and lavish philanthropy, illustrate how oligarchs routinely sidestep accountability. This combination of unchecked campaign spending, weakened tax enforcement, and sophisticated legal defenses has cemented an environment where the super‑rich can act with near‑impunity, eroding democratic accountability and reinforcing oligarchic dominance over American politics. Read more: https://www.motherjones.com/politics/2026/05/oligarchy-tax-evasion-avoidance-irs-powerless-enforcement-books-blind-spot-excerpt-jeffrey-winters/ #CitizensUnited #IRS #oligarchy #politics #taxes #SheldonAdelson #ElonMusk #DonaldAlexander #RobertFSmith
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RustedComputing
@RustedComputing@discuss.systems · May 07, 2026

American Superpower Suicide

  • #oligarchy
  • spurning the #energy transition
  • degrading science and education
  • spurning allies
  • debt forever
  • losing to China (see energy transition, voluntary trade wars)
  • assisting Russia
  • breaking down the American international order
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ai6yr
@ai6yr@m.ai6yr.org · Apr 30, 2026
SL Tribune: Utah has an ‘obligation’ to allow the building of massive data centers, Gov. Cox says https://www.sltrib.com/news/politics/2026/04/30/utah-obligated-build-hyperscale/ #AI #oligarchy #Utah
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drrjv
@drrjv@vmst.io · Mar 27, 2026
🤬 Trump #Oligarchy will Destroy the American Middle Class 🤬 “#Trump is aligning himself with international oligarchs like Russia’s Vladimir #Putin, Hungary’s Viktor #Orbán, Saudi Arabia’s Mohammad bin Salman (#MBS), and China’s #Xi Jinping. Because of his position as the president of the United States of America, this means he is aligning the United States of America with this oligarchical axis as well, abandoning the country’s democratic principles and traditional allies.” https://heathercoxrichardson.substack.com/p/march-26-2026
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drrjv__dup_31966
@drrjv__dup_31966@vmst.io · Mar 08, 2026
The Traveler & American Democracy with Rick Steves #RickSteves delivers a dynamic "European take" on #Trump and American #Democracy. Rick examines how lessons learned on the road can help Americans better understand and meet the challenges facing Democracy in the USA. https://youtu.be/E20u5y7CJZQ?si=WKdLLgfyAoQ7q-P- #fascism #authoritarianism #grifters #oligarchy #kleptocracy #dictatorship #nazi #hitler
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leanlearnlead
@leanlearnlead@mstdn.ca · Feb 21, 2026
Bernie nails the real challenge with #genAI. “AI and robotics are neither good nor bad,” he said. “The question is: will a handful of billionaires benefit from it, or will the general public benefit? #oligarchy #wealth #power #ai https://www.theguardian.com/us-news/2026/feb/21/ai-revolution-bernie-sanders-warning?CMP=Share_AndroidApp_Other
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JazzyKindaFella
@JazzyKindaFella@zirk.us · Feb 05, 2026

The Digital Media #Oligarchy :Who Owns Online News?

  1. Ochs-Sulzberger Family (New York Times): 5.54 billion
  2. Murdoch Family (News Corp, Fox): 5.46 billion
  3. Warner Bros. Discovery (CNN): 4.0 billion)
  4. Apollo Global Management (Yahoo): 2.7 billion
  5. Brian Roberts (Comcast): 2.4 billion
  6. Microsoft (MSN): 2.1 billion
  7. IAC (People): 1.9 billion

https://fair.org/home/the-digital-media-oligarchy-who-owns-online-news/

@democracy@newsmast.community @journalismandcomment@newsmast.community @politics@newsmast.community #cdnpoli #politics #media #socialmedia #US #Canada #mastodon @blackvoices@newsmast.community

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In reply to
mnutty
@mnutty@mastodon.ie · Dec 11, 2025
@Gargron@mastodon.social @pluralistic@mamot.fr As good an explanation of the toxicity #broligarchy as you can get in 15 mins Not only is their a statement of the problem but also a four pronged solution for what’s aims OUR internet #Oligarchy #SocialMedia
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