The good and bad billionaires

Democratic rhetoric against the oligarchy remains entirely opportunistic.

Joe Biden, in his farewell address:

“I want to warn the country of some things that give me great concern. And that’s the dangerous concentration of power in the hands of very few ultra-wealthy people, and the dangerous consequences if their abuse of power is left unchecked. Today, an oligarchy is taking shape in America of extreme wealth, power, and inf…