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Oligarch implies the government grants and helps enforce a monopoly to a single individual. There are few, if any, individuals in America that this can apply t
by edgyquant 4y ago
Oligarch implies the government grants and helps enforce a monopoly to a single individual. There are few, if any, individuals in America that this can apply to. There’s definitely regulatory capture in the US, but oligarch is hyperbole and/or a lack of perspective. It tends to be people equating US billionaires with Russian ones who definitely do fit this definition.