Is the U.S turning into an oligarchy?

Get access to global coverage at an exclusive 20% discount at https://economist.com/moneymacro Further reading mentioned in the video: Where democracy is most at risk: https://www.economist.com/graphic-detail/2024/02/14/four-lessons-from-the-2023-democracy-index Zuckerberg’s fact-checking U-turn: https://www.economist.com/leaders/2025/01/08/mark-zuckerbergs-u-turn-on-fact-checking-is-craven-but-correct Will Musk dominate Trump’s economic policy: https://www.economist.com/the-world-a... If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via Patreon:  https://www.patreon.com/moneymacro WANT AN IN-DEPTH INDUSTRIAL POLICY MASTERCLASS? △ https://school.moneymacro.net/p/industrial-policy-masterclass LIKE CHATTING ECON WITH ME? △ Follow me on Twitter: https://twitter.com/joerischasfoort △ Follow me on LinkedIn: https://www.linkedin.com/in/joeri-schasfoort/ △ I have a private Discord server for Senior and Chief economist Patrons / members. https://www.patreon.com/c/moneymacro Timestamps: 0:00 Intro 01:33 billionaire vs oligarch 06:11 What makes an oligarchy 09:40 types of oligarchies 14:50 Reason to hope 16:19 Sponsor Attribution: Music by Epidemic Sound: http://nebula.tv/epidemic Thank you to AP Archive for access to their archival footage. Stock footage and others clips by Getty Sources: https://www.moneymacro.rocks/2025-01-22-us-oligarchy/ Narrated and written by Dr. Joeri Schasfoort Edited by Nebula