Oligarchy and Democracy in America

Tom Hartman discusses his book on American oligarchy, exploring the historical and current state of oligarchy in the U.S. He highlights the impact of money in politics and suggests solutions to restore democracy. The discussion also covers the Reddit uprising around Gamestop, illustrating Wall Street's corruption.

What is the main focus of Tom Hartman's new book?

• The impact of technology on politics

• The role of media in shaping public opinion

• The struggle against oligarchy in the U.S.

• The history of American democracy

Which event marked the first major brush with oligarchy in America?

• The overthrow of the British monarchy

• The Industrial Revolution

• The Reagan Revolution

• The Civil War

What did the study by Gillian's and Page reveal about American democracy post-Reagan?

• Democracy has been fully restored

• The top 1% have significant influence over legislation

• The economy has become more equitable

• The average person's desires are often reflected in legislation

What is a key factor in the current political landscape according to Tom Hartman?

• The decline of international relations

• The concentration of political power among the wealthy

• The influence of social media

• The rise of new political parties

What is one of the proposed solutions to combat oligarchy in the U.S.?

• Reducing the number of political parties

• Encouraging more foreign investments

• Getting money out of politics

• Increasing corporate taxes

What was a significant outcome of the Supreme Court decisions in 1976 and 1978?

• They reduced the power of the presidency

• They limited corporate influence in politics

• They equated money with free speech

• They increased voter turnout

What is HR1 primarily focused on?

• Healthcare reform

• Education policy

• Restoring democracy by reducing money in politics

• Environmental protection

What does the GameStop incident highlight about Wall Street?

• Its support for technological innovation

• Its corruption and bias towards billionaires

• Its vulnerability to small investors

• Its transparency and fairness

How did the billionaires react to the GameStop trading frenzy?

• They encouraged more people to join

• They attempted to suppress the trading activity

• They ignored the situation

• They supported the small investors

What role does the app Robinhood play in the GameStop incident?

• It was a platform for corporate investors only

• It allowed fee-free trading options

• It prevented users from trading

• It was unrelated to the incident