President Donald Trump’s rise is not an anomaly – he is the product of forces set in motion 50 years ago, driven by massive deregulation and key Supreme Court decisions that dismantled a century of safeguards against corporate political spending,

Billionaires and multimillionaires are flocking to a city where power has been more important than money, but is now deeply intertwined with it.

Klee’s “Angelus Novus” is used by Benjamin, who at the time was fleeing from the gestapo, as a metaphor for the illusion behind the capitalist idea of progress. In the end, like this notion of progress, Trump’s pursuit of a “Golden Age” can only lead to disaster and ruin, to catastrophe for the U.S. and the rest of the world.

Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■

The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald Trump’s new administration

At President Trump's inauguration, three of the wealthiest people sat front-row. Days prior, former President Biden warned of an oligarchy forming.

Several of the tech moguls also joined a small prayer service this morning at St. John’s Episcopal Church. Later, they blended in with the Trump clan directly behind the incoming president as he officially assumed power just after noon,

Last Wednesday, during former President Joe Biden's farewell address, he warned that the U.S. could become an "oligarchy." Here's what it means

Donald Trump will soon be President of the US again, but this time around is looking a little different. President Biden has warned of an impending 'oligarchy' - so what is it

President Joe Biden warned Americans of an "oligarchy" on the rise just five days before President-elect Donald Trump returns to the office.

This is the new American oligarchy — extremely wealthy men cozying up to the new president, a convicted criminal and adjudicated sexual abuser, a man who attempted to illegally overturn an election, who bungled a major national crisis and remains the most ignorant person to ever sit in the Oval Office.

Biden's farewell speech warning that oligarchs pose a threat to democracy has echoed a growing problem in the world, economic and historical experts say.