Battle of the oligarchs: Michael Bloomberg steps up war on guns

The US is no longer a democracy – it's an oligarchy, says an academic study. And Bloomberg proves it

Charles Laurence

IT TAKES an oligarch to challenge the new American oligarchy.

Former New York Mayor Michael Bloomberg, billionaire entrepreneur of Bloomberg News, has added a revealing if unintentional footnote to the news that America, once the world’s beacon of democracy, has been diagnosed as an oligarchy by Ivy League academics.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More
Charles Laurence is a US correspondent for The Week.co.uk. He is a former New York bureau chief for The Daily Telegraph. He divides his time between Manhattan and Woodstock, upstate New York.