Everything about CEOs is like a monarchy. Wealth inheritance in business families like the Waltons? Just the capitalism version of royal heirs getting their throne. Presidents? They don't run jackshit ever since money got into politics

America is back in the era of kings, and arguably a worse one

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[–] 3 points 1 week ago

It was covert before, but definitely still an oligarchy. At least since citizens united.

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