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Is the U.S.Becoming an Oligarchy?

Ray Williams
24 min readNov 29, 2024

This is a long article, but I think the subject is worth thoroughly examining.

There are clear signs that democracy in America is in trouble, and many would argue that it has become an oligarchy.

The United States was founded on principles of democratic representation and equal opportunity, yet a troubling transformation has taken root in recent decades. As wealth becomes increasingly concentrated among a small segment of society, political power has followed suit, reshaping American democracy into something more closely resembling an oligarchy. The statistics tell a stark story: the wealthiest 1% of Americans now control more wealth than the bottom 90% combined, while their outsized influence on policy decisions has grown correspondingly.

Through campaign contributions, lobbying efforts, and control of major media outlets, this small group of ultra-wealthy individuals has gained an unprecedented ability to shape legislation, regulate industries, and influence public discourse, further concentrating their power and wealth.

This shift toward oligarchic control isn’t merely about numbers on a balance sheet — it stands for a fundamental departure from the democratic ideals enshrined in our founding documents. When political decisions consistently favor the interests of a wealthy minority over the broader public…

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Ray Williams
Ray Williams

Written by Ray Williams

Author/ Executive Coach-Helping People Live Better Lives and Serve Others

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