The Daily Signal Victor Davis Hanson, the renowned American historian and political commentator, has joined The Daily Signal as a senior contributor. This transcript has been lightly edited.
The word “oligarchs” is in the news lately. I think all of you may have heard or tuned in to Joe Biden’s farewell address, where he warned about a new oligarchy, or multibillionaires that have undue influence in the United States. It’s kind of strange because it’s at the end of his four-year tenure so he’s obviously alluding to Donald Trump.
A couple of things to think about when he brings up this topic of oligarchy, he’s trying to resonate—in his farewell address—“Ike” Dwight D. Eisenhower’s speech, some 64 years earlier, warning about a military industrial complex—that we’re going to perpetuate huge government bureaucracies, build platforms of bureaucracy, munitions that we might not need.
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