• hemko@lemmy.dbzer0.com
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    7 months ago

    I mean the term oligarch has a clear definition that differs from billionaire, but to be honest pretty sure many billionaires meet the criteria…

    Quickly from wikipedia

    A business oligarch is generally a business magnate who controls sufficient resources to influence national politics.[1][2] A business leader can be considered an oligarch if the following conditions are satisfied:

    uses monopolistic tactics to dominate an industry;
    possesses sufficient political power to promote their own interests;
    controls multiple businesses, which intensively coordinate their activities.

    Edit: also this smells a bit like tankie propaganda pointed towards liberals and conservatives

  • TankovayaDiviziya@lemmy.world
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    7 months ago

    I don’t know about you, but when I hear “oligarchs”, I always get a nebulous image of faceless, rich and powerful crowd who are into sex cults like Eyes Wide Shut. I kid about the last bit but I am serious about the other descriptors

    I think the reason we don’t immediately think of oligarch when we see Zuckerberg, Gates or Musk is because we see them on individual basis. Whereas “oligarch” usually refers to a faceless collective of politically influential, rich folks.

  • Patapon Enjoyer@lemmy.world
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    7 months ago

    Yeah but my favorite billionaire has a tax haven charity therefore he deserves to hoard more money than everyone I have ever known and their families going up 10 generations have ever seem in their lives.

  • gedaliyah@lemmy.world
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    7 months ago

    How do the google guys manage to keep themselves out of pictures like this? I know they keep a low profile but isn’t it one of the most evil corporations on the planet?

  • fidodo@lemmy.world
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    7 months ago

    The difference is that oligarchs are in the government’s pocket, while the government is in the pocket of billionaires.

  • dan42O@infosec.pub
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    7 months ago

    Remember if you see these folks anywhere: They may have some charity stuff, but only to still benefit themselves.