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Oligarchy (from Ancient Greek ὀλιγαρχία (oligarkhía) 'rule by few'; from ὀλίγος (olígos) 'few' and ἄρχω (árkhō) 'to rule, command') [1] [2] [3] is a form of government in which power rests with a small number of people.
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 some of the following conditions are satisfied:
"Today, an oligarchy is taking shape in America of extreme wealth, power and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to ...
An oligarch who argues he'll disrupt oligarchy. Trump, Vice President-elect JD Vance — who worked as a venture capitalist with conservative Silicon Valley billionaire, Peter Thiel — and others in their inner circle identify themselves as men of the people, promising to wrest back power from interest groups and elites and restore it to ...
In 1957, Fortune magazine developed a list of the seventy-six wealthiest Americans, which was published in many American newspapers. [6] Jean Paul Getty, when asked his reaction to being named wealthiest American and whether he was worth a billion dollars, said, "You know, if you can count your money, you don't have a billion dollars" and then added, "But remember, a billion dollars isn't ...
We must either rise up and resist or cede what little political self-determination remains to a handful of oligarchs. Like a cancer, billionaire control is metastasizing in every facet of America ...
According to the Peter G. Petersen Foundation, the top 20% of wealthiest households in America have seen their income rise 165% from 1981 to 2021, while the middle and lowest quintiles have seen ...
“They see him as an oligarch of the Gilded Age, the railroad robber barons,” said Zeihan, who added that Musk is perceived as “using government policy to advance his corporate interests.”