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The word “oligarchy” has finally come home. For years, it was a term used only in connection with those big bad and sleazy Mafioso-type businessmen in Russia. Russia had oligarchs; we didn’t. That became a big difference between the official narrative of what separated our land of the free and the home of the brave from THEM, the snakes in the shades and private planes, in the post-Soviet period.
A recent study from Princeton and Northwestern concluded that the United States is an “oligarchy” ruled by a small group of wealthy elites and interest groups.
