Oligarchy in America
27th January 2021
The fog of the Trump wars is lifting, the road from COVID-19 rising before us, the outlines of the 21st-century American system emerging. Like the bankruptcy in Hemingway’s The Sun Also Rises, the change has happened ‘Gradually, then suddenly.’ The age of the democratic republic is over, the age of the American oligarchy beginning.
Oligarchy is the ‘rule of the oligos’, the few: the concentration of wealth and power in the hands of a self-sustaining elite. It sounds quaint, classical even, as though it couldn’t happen here because it already happened there. But it has, in fact, already happened here. Augustus Caesar, who made himself Rome’s first emperor in 27 BC, would recognize the symptoms of our American novelties. The cult of the founding fathers and the cult of entertainment. The elites divided by violent factionalism and united by naked venality. The decay of republican virtues. The widening of the wealth gap and the rise of the populares, the members of the ruling class who rebel in the name of values already overthrown. And then, when all seems lost, Oligarchy in America the rise of the imperial oligarchy that offers to restore law and order, but installs a different law and a new order.