President Joe Biden’s farewell address warns of the dangers posed by the concentration of power among the ultra-wealthy, describing it as an emerging oligarchy. He also highlights the threats of misinformation and a declining free press, while reflecting on his administration’s achievements and stressing the need to guard democratic institutions.President Joe Biden’s farewell address warns of the dangers posed by the concentration of power among the ultra-wealthy, describing it as an emerging oligarchy. He also highlights the threats of misinformation and a declining free press, while reflecting on his administration’s achievements and stressing the need to guard democratic institutions.
‘Oligarchy of ultra-wealthy taking shape’: Top quotes from Biden’s farewell address
