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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.
These people may spread power and elect candidates equally or not equally. 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 rulers.
Musk and Zuckerberg have scaled back and removed content moderation tools against misinformation on their social media sites X and Facebook following criticism from Trump, who was banned from ...
Download as PDF; Printable version; In other projects Wikimedia Commons; ... Pages in category "Oligarchy" The following 61 pages are in this category, out of 61 total.
According to Encyclopedia Britannica, the Soviet Union during the period of Joseph Stalin's rule was a "modern example" of a totalitarian state, being among "the first examples of decentralized or popular totalitarianism, in which the state achieved overwhelming popular support for its leadership."
Ancient Greek political thinkers [5] regarded ochlocracy as one of the three "bad" forms of government (tyranny, oligarchy, and ochlocracy) as opposed to the three "good" forms of government: monarchy, aristocracy, and democracy. They distinguished "good" and "bad" according to whether the government form would act in the interest of the whole ...
Although Putin was elected with promises to rein in the oligarchs who had emerged in the 1990s, Dawisha writes that Putin transformed "an oligarchy independent of, and more powerful than, the state into a corporatist structure in which oligarchs served at the pleasure of state officials, who themselves gained and exercised economic control ...
Economists Sergei Guriev and Andrei Rachinsky contrast older oligarchs with nomenklatura ties and younger-generation entrepreneurs such as Kakha Bendukidze who built their wealth from scratch because Gorbachev's reforms affected a period "when co-existence of regulated and quasi-market prices created huge opportunities for arbitrage."