Equality In The Age of Billionaires

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Just a regular Joe –

The opposite of oligarchy, government by the few is democracy, government by the people.

What is the iron rule of oligarchy?

The “iron law of oligarchy” states that all forms of organization, regardless of how democratic they may be at the start, will eventually and inevitably develop oligarchic tendencies, thus making true democracy practically and theoretically impossible, especially in large groups and complex organizations.

The term oligarchy refers to a system of government in which a few individuals are responsible for ruling over or making governing decisions for a country. The word has Greek roots and is derived from oligoi, which means ”a few,” and arkhein, which means ”to rule.

The acceleration of the oligarchizing of America is happening in our time. History is demonstrating the truth.

So the opposite oligarchy (government by the few) is still democracy (government by the people).

‘President-elect Donald Trump is on track to break the record he set in 2016 for appointing the wealthiest cabinet in history, tapping these billionaires for his next administration.’

Who represents Joe?

President Donald Trump’s second-term Cabinet is notable for its unprecedented wealth, featuring several billionaires and multimillionaires. This assembly marks it as one of the wealthiest Cabinets in U.S. history, with a combined net worth exceeding (who knows?). Notable members include:

  • Elon Musk: Appointed to co-lead the newly established Department of Government Efficiency (DOGE), Musk’s net worth has recently surpassed $400 billion, solidifying his status as the world’s richest individual. News.com.au
  • Scott Bessent: Nominated for Secretary of the Treasury, Bessent is a billionaire hedge fund manager and founder of Key Square Group. He previously served as a top investor for George Soros and is recognized for his financial acumen. The Times
  • Howard Lutnick: Selected as Secretary of Commerce, Lutnick is the billionaire CEO of Cantor Fitzgerald LP and chairman of BGC Group, Inc. and Newmark Group. His net worth is estimated between $1.5 billion and $4 billion. New York Magazine
  • Jared Isaacman: Appointed as NASA Administrator, Isaacman is a tech entrepreneur and commercial astronaut, serving as CEO of Shift4 Payments. His net worth is approximately $1.7 billion. New York Magazine
  • Doug Burgum: Nominated for Secretary of the Interior, Burgum is the Governor of North Dakota with a background in the software industry. His net worth is estimated at least $100 million, potentially more, depending on family trusts. New York Magazine
  • Linda McMahon: Selected as Secretary of Education, McMahon is the co-founder of World Wrestling Entertainment (WWE) and has a substantial personal fortune. New York Magazine
  • Robert F. Kennedy Jr.: Appointed as Secretary of Health and Human Services, Kennedy and his wife, actress Cheryl Hines, have a combined net worth of approximately $15 million, including inherited assets. New York Magazine

These appointments reflect a significant concentration of wealth within the administration, raising discussions about the influence of affluent individuals in government roles.

Trump’s Billionaire Cabinet Appointments

New York Magazine

What Is the Net Worth of Trump’s New Cabinet?

5 days ago

What Is the Net Worth of Trump's New Cabinet?

News.com.auElon is officially incomprehensibly rich7 days agoThe TimesTrump picks billionaire Scott Bessent to lead US Treasury

Good Luck Joe!

In a world where apathy erodes societal foundations, your voice and actions hold immense significance. By choosing to engage, question, and hold both leaders and ourselves accountable, we become catalysts for meaningful change. Remember, every action counts, no matter how small. Together, we confront misinformation, uphold integrity, and build a future grounded in truth and transparency. Your commitment to these values not only shapes your own life but also inspires those around you to strive for a more just and honest society.

Good luck, Joe!

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