“The United States is a vastly more unequal society today than it was 50 years ago. And that's partly because the power of oligarchs has been so great for the last half-century that the RAND Corporation, for example, estimates that over those 50 years, $50 trillion in wealth has been shifted upward to a very small number of people while people at the average level of society have not benefited.”

'Oligarchy' is being used more to describe American society. We ask one professor why

“First is a massive upward redistribution of wealth from everyday people to the ultra-rich and mega-corporations.”

Is the U.S. witnessing the rise of oligarchy?

“And since those days, you’ve had a $50 trillion transfer of wealth from the bottom 90% to the top 1%.”

Oligarchy in the open: What happens now as the U.S. is forced to confront its plutocracy problem?