It is intriguing to read that in his farewell address, Joe Biden seemed to echo the 1961 farewell address of Dwight Eisenhower, warning of an oligarchy ‘taking shape’ (Biden’s farewell speech sparks predictable split along party lines, January 16); in 1961, Eisenhower also warned of a ‘military-industrial complex’ and the overreach of American corporate power as a threat to democracy. However, we all know how much impact that warning had. But Ike also said this: ‘We – you and I, and our government – must avoid the impulse to live only for today, plundering, for our own ease and convenience, the precious resources of tomorrow.’ Not a bad piece of advice for 1961, and coming from a Republican, at that. But unfortunately, while this piece of advice might have struck a chord with a young Jimmy Carter, it didn’t seem to resonate with many others.
Read from: https://www.theguardian.com/us-news/2025/jan/26/why-dwight-was-right-about-corporate-greed