He nails it.

Does “Golden Age” refer to a time when planes keep crashing, eggs cost $10–15 a dozen, the U.S. is being booed and protested by all our allies, workers are losing their jobs, and Americans’ personal data is being rummaged through by unelected oligarchs and their strange crew of 20-something incels?

Oligarchy (noun): A government of and by a few at the top, who exercise power for their own benefit. Their power and wealth increase as they make laws that favor themselves, manipulate financial markets, and create monopolies that put more wealth into their pockets.