America is facing a stark choice

In what was billed as his “farewell address,” President Biden yesterday warned America that the nation is succumbing to an “oligarchy” of the ultra-wealthy, and the “dangerous concentration of power” they pose to democratic ideals:

“Today, an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms and a fair shot for everyone to get ahead.”

He’s right, of course.

Fascism startswith the Trump derriere-kissing we’re now witnessing by the wealthiest people in America, who own the biggest megaphones and thereby determine what information Americans get. What they get back from Trump is raw power to do whatever they want.

Elon Musk — the richest person in the world — controls X, which under his leadership has become a cesspool of lies and bigotry.

Musk has posted or replied to more than 80 posts about the Los Angeles fires, many of which downplayed the role of climate change — placing blame instead on individual female firefighters of color and lesbian firefighters, including posting their names and faces.

He boosted an hour-long propaganda video by right-wing conspiracy theorist Alex Jones that claimed the fires were “part of a larger globalist plot” to cause the collapse of the United States; Musk replied simply, “True.”

He repeatedly amplified claims that the Los Angeles Fire Department’s investments in diversity, equity, and inclusion (DEI) programs cost lives by wasting money that could have been spent on disaster response, suggesting that the destruction could have been mitigated if more white men had been retained.

Musk has made it clear that his platform’s main role during the upcoming Trump regime will be to back whatever Trump chooses to do and criticize Trump’s critics with more lies and bigotry.

Jeff Bezos — the second-richest person in America — owns Amazon. His Prime Video just announced it will spend a whopping $40 million for a documentary about Melania Trump, for which she is an executive producer, and stream it on Amazon Prime.

What else will Amazon promote or censor, to curry favor with Trump?

Bezos also owns The Washington Post. Just before the election, he killed a Post endorsement of Kamala Harris. Earlier this month, a Post cartoonist quit after the newspaper spiked a cartoon showing Bezos and Facebook’s Mark Zuckerberg kneeling before Trump.

Mark Zuckerberg — the third-richest person in America — owns Facebook, Instagram, and Threads. He’s sucking up to Trump by ridding his platforms of content moderation so that they, too, can amplify Trump’s lies and bigotry.

Announcing the end of fact-checking on his platforms, Zuckerberg says he thinks it will “take another ten years” of fact-free operation before Meta is “back to the place that it maybe could have been if I hadn’t messed that up in the first place.”

Zuckerberg says the deciding factor was the “cultural tipping point” of Trump’s election.

Not only will Zuckerberg fire most of the 40,000 fact-checkers who have screened his platforms’ posts for accuracy, but he will be moving the few who remain from California to Texas, “where there’s less concern about the bias of our teams.”

So Texas workers will be less “biased” than California workers? As Dan Evon of the nonprofit News Literacy Project notes, the move “provides an air of legitimacy to a popular disinformation narrative: that fact-checking is politically biased.”

Training materials for Meta’s remaining trust and safety workers include examples of speech that Zuckerberg now wants permitted:

“Immigrants are grubby, filthy pieces of shit.”

“Gays are freaks.”

“Look at that tranny (beneath photo of 17 year old girl).”

Trump praised the move, saying “I think they’ve come a long way.”

A reporter asked Trump if his threats to put Zuckerberg in prison caused the change in policy. “Probably,” Trump responded. Perhaps the Federal Trade Commission’s lawsuit against Meta played a role as well?

Zuckerberg has also promoted prominent Republican Joel Kaplan to be Meta’s chief global affairs officer and put Dana White, CEO of Ultimate Fighting Championship and a close friend of Trump, on its board.

My friends, none of this has anything to do with freedom of speech. It has everything to do with the power of money.

The three richest Americans want to decide what the rest of us will know about the coming Trump regime.

Concentrated wealth is the enemy of democracy. As the great jurist Louis Brandeis is reputed to have said, “America has a choice. We can either have great wealth in the hands of a few, or we can have a democracy. But we cannot have both.”

As we slouch into the darkness of Trump II, America needs people and institutions that speak truth to power, not align themselves with it.

When we the people regain power, three reforms are critically necessary to begin to tame the oligarchy:

1. X, Amazon, Meta, and other giant tech media platforms must either be busted up or treated as public utilities, responsible to the public.
2. Hugely wealthy individuals must not be permitted to own critical media.
3. Large accumulations of individual wealth must be taxed.

My friends, we will prevail.

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Robert Reich is a professor of public policy at Berkeley and former secretary of labor. His writings can be found at https://robertreich.substack.com/.