oligarchy

(noun)

A government run by only a few, often the wealthy

Related Terms

  • Democratic presidential republic
  • theocracy

Examples of oligarchy in the following topics:

  • Oligarchy

    • An oligarchy is a form of government in which power effectively rests with a small elite segment of society.
    • Here, the basic characteristics of oligarchy are particularly easy to observe, since the South African form of oligarchy was based on race.
    • Oligarchies are often controlled by politically powerful families whose children are heavily conditioned and mentored to be heirs of the power of the oligarchy.
    • States may be oligarchies de jure or de facto.
    • In de jure oligarchies, an elite group is given power by the law.
  • Types of States

    • Other forms of government include oligarchy and dictatorship or totalitarianism.
    • Under this system, governments fall into general categories of authoritarianism, oligarchy, and democracy.
    • An oligarchy is different from a true democracy because very few people are given the chance to change things.
    • An oligarchy does not have to be hereditary or monarchic.
    • An oligarchy does not have one clear ruler, but several powerful people who rule.
  • Types of Governments

    • An oligarchy is a form of government in which power effectively rests with a small elite segment of society distinguished by royalty, wealth, family, military or religious hegemony.
    • Such states are often controlled by politically powerful families whose children are heavily conditioned and mentored to be heirs of the power of the oligarchy.
    • Oligarchies have been tyrannical throughout history, being completely reliant on public servitude to exist.
  • The U.S. Political System

    • At times, this influence has grown so noticeable that some have called into question whether the U.S. is truly a democracy of the people or something more like an oligarchy of special interest groups.
  • Theories of Democracy

    • Theoretically, Aristotle contrasted rule by the many (democracy/polity) with rule by the few (oligarchy/aristocracy) and with rule by a single person (tyranny or autocracy/monarchy).
  • Capitalism

    • Critics argue that capitalism is associated with the unfair distribution of wealth and power; a tendency toward market monopoly or oligopoly (and government by oligarchy); imperialism, counter-revolutionary wars and various forms of economic and cultural exploitation; repression of workers and trade unionists, and phenomena such as social alienation, economic inequality, unemployment, and economic instability.
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