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globzette.com > Blog > US > Biden Warns of Growing Oligarchy in Farewell Address: Calls for Vigilance and Action
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Biden Warns of Growing Oligarchy in Farewell Address: Calls for Vigilance and Action

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Last updated: January 16, 2025 10:42 am
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Published: January 16, 2025
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Joe Biden's farewell speech warning on oligarchy and democracy
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In a poignant farewell address, President Joe Biden, at 82, reflected on his decades-long political career while issuing a stark warning about the growing threat of an emerging oligarchy in America. As his administration drew to a close, Biden cautioned against a concentration of wealth, power, and influence, urging Americans to remain vigilant in protecting their democracy. “Today, an oligarchy is taking shape in America of extreme wealth, power, and influence that threatens our entire democracy, our basic rights, and freedom,” Biden declared in his televised address. He underscored the potential dangers posed by unchecked forces gaining significant control over the nation.

Contents
What Did Biden Say About the Tech-Industrial Complex and Misinformation?What achievements did Biden highlight, and what warnings did he issue regarding climate change?What Was Biden’s Final Plea for Unity and Guarding Democracy?What Was the Significance of Biden's Farewell Speech and Transition of Power?

“Oligarchy is not a new phenomenon in history, but the scale at which it is manifesting in America today is unprecedented,” Biden warned. He emphasized that this concentration of wealth and influence could undermine the nation’s core values and its democratic system.

What Did Biden Say About the Tech-Industrial Complex and Misinformation?

Biden’s speech reflected his time in office and a call to confront the powerful “tech-industrial complex.” The outgoing president voiced concern over Silicon Valley executives, such as Elon Musk, Jeff Bezos, and Mark Zuckerberg, who he claimed had the potential to wield unchecked power that could shape public opinion and influence policy decisions. “The tech-industrial complex can wield unchecked power over the American people,” Biden remarked, addressing the growing influence of ultra-wealthy figures in the technology sector.

Additionally, the president aimed at social media companies like Meta, criticizing their recent decisions, including removing independent fact-checking. “Social media is giving up on fact-checking. The truth is smothered by lies told for power and profit,” Biden said, emphasizing the harmful effects of misinformation and disinformation on American society.

What achievements did Biden highlight, and what warnings did he issue regarding climate change?

Biden’s farewell speech also highlighted the accomplishments of his single-term administration. From job creation and healthcare reform to infrastructure spending and leading the nation out of the pandemic, Biden touted the progress made over the past years. Despite the challenges, Biden assured the American people that the groundwork had been laid for future success.

“It will take time to feel the full impact of all we’ve done together, but the seeds are planted, and they’ll grow and they’ll bloom for decades to come,” Biden remarked with optimism about the long-term impact of his policies.

However, his speech also came with an urgent warning about the ongoing battle against climate change. Biden criticized the “powerful forces” seeking to undo the progress made on climate action, warning that their efforts were driven by self-interest and the pursuit of profit. “Powerful forces want to wield their unchecked influence to eliminate the steps we’ve taken to tackle the climate crisis to serve their own interests for power and profit,” he said. These powerful forces, Biden noted, often align with the growing oligarchy that prioritizes profit over the well-being of future generations.

What Was Biden’s Final Plea for Unity and Guarding Democracy?

Biden concluded his address with a final plea for unity and vigilance in a tone that combined both humility and resolve. He called on the American people to “stand guard” over their country, urging them to protect the values that had shaped the nation’s foundation.

“May you all be the keeper of the flame,” Biden said, emphasizing the need for collective responsibility in safeguarding democracy.

Biden’s farewell address coincided with a significant diplomatic achievement, as he announced a ceasefire agreement between Israel and Hamas. Reflecting on the negotiations, Biden noted, “These were some of the toughest negotiations of my career,” adding that his administration played a pivotal role in bringing the deal to fruition.

What Was the Significance of Biden's Farewell Speech and Transition of Power?

Biden’s farewell speech came just a day before President-elect Donald Trump was set to take office. Despite the political divide, Biden wished Trump and his incoming administration success, urging Americans to remain mindful of the stakes.

As Biden’s presidency neared its conclusion, he reflected on the legacy he would leave behind, stating that “so much is at stake right now.” With the ceasefire agreement taking effect on January 19, just before Trump’s inauguration, Biden credited the successful negotiation to his leadership while acknowledging the importance of a peaceful transition of power.

“The ceasefire will take effect on January 19, a day before Trump is due to take office,” Biden said, highlighting the moment’s significance.

As Biden stepped away from the political stage, his farewell address served as a reflection on the past and a call to action for the future, urging Americans to stand united in the face of the challenges ahead. Biden’s warning about the growing oligarchy and its potential to undermine democracy remained a central theme throughout his speech, reinforcing the need for vigilance in defending the nation’s core principles.

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