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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.
Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
One form of collusive oligopoly is a cartel, [18] [better source needed] a monopolistic organisation and relationship formed by manufacturers who produce or sell a certain kind of goods in order to monopolise the market and obtain high profits by reaching an agreement on commodity price, output and market share allocation. However, the ...
Karl Marx's class theory derives from a range of philosophical schools of thought including left Hegelianism, Scottish Empiricism, and Anglo-French political-economics.. Marx's view of class originated from a series of personal interests relating to social alienation and human struggle, whereby the formation of class structure relates to acute historical consciousn
This is a list of totalitarian regimes.There are regimes that have been commonly referred to as "totalitarian", or the concept of totalitarianism has been applied to them, for which there is wide consensus among scholars to be called as such; if there is no consensus, it is mentioned in the list.
President Biden used his farewell address from the Oval Office on Wednesday to warn Americans of an oligarchy taking shape in the U.S. while issuing warnings of other threats to the nation as he ...
In philosophy, political science and sociology, elite theory is a theory of the state that seeks to describe and explain power relations in society.In its contemporary form in the 21st century, elite theory posits that (1) power in larger societies, especially nation-states, is concentrated at the top in relatively small elites; (2) power "flows predominantly in a top-down direction from ...
Authoritarian capitalism, [1] or illiberal capitalism, [2] is an economic system in which a capitalist market economy exists alongside an authoritarian government.Related to and overlapping with state capitalism, a system in which the state undertakes commercial activity, authoritarian capitalism combines private property and the functioning of market forces with restrictions on dissent ...