Hello, and welcome to Overthink.
The podcast where two philosophy professors and longtime friends connect big ideas to everyday life.
I am David Peña Guzman.
And I'm Ellie Anderson.
We are witnessing an unprecedented overtaking of democracy by oligarchs since Trump's re-election.
And in fact, Bernie Sanders is currently on a nationwide tour.
He's going around speaking to crowds on a campaign against oligarchy.
He calls it the Stop Oligarchy Tour.
And this is coming on the heels of important remarks
that former president Joe Biden made to the American people in his farewell address to the nation on January 15.
He said this is a quote from that speech.
Today, an oligarchy is taking shape in America of extreme wealth, power,
and influence that literally threatens our entire democracy, our basic rights, and freedoms.
Now that claim very quickly led to a surge of searches for the word oligarchy on Google,
suggesting that even though the vast majority of Americans voted for an oligarch,
the vast majority of Americans did not even know what an oligarch, let alone what oligarchy, means.
Speaking about things that have happened recently, but not like super recently, really in the past few years,
there were 150 billionaire families who spent almost $2 billion in support of presidential and congressional candidates in the 2024 election cycle.
So 150 billionaire families put almost $2 billion into the last election cycle.
And the ultra-richest segments of the US control a greater portion of wealth than they did even during the Gilded Age.