Exclusive: The concentration of power in the hands of billionaire “oligarchs” may be most alarming in places like Ukraine but the United States is moving in the same direction as wealth is consolidated at the top — and both elections and media are up for sale, says Robert Parry.
Part of Ukraine’s crisis stems from the political power of 10 “oligarchs,” billionaires in a society with vast income inequality. It is a future that Americans seem headed toward, as one U.S. “oligarch,” Sheldon Adelson, picks his Republican presidential favorite, notes ex-CIA analyst Paul R. Pillar.
The U.S. government’s campaign against “leakers” has pushed together some odd media bedfellows, with representatives of the mainstream news media joining with more active players who help disseminate government secrets in a conference on the dangers now facing a free press, as Danny Schechter observed.
From the Archive: The death of Iran-Contra special prosecutor Lawrence Walsh on Wednesday at the age of 102 marked the passing of what is now rare in the American Establishment, a person who courageously fought for a truthful historical record, as Robert Parry explained in this 1997 review of Walsh’s memoir, Firewall.