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"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 ...
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.
Since 2014, hundreds of Russian oligarchs and their companies have been hit with US sanctions for their support of "the Russian government's malign activity around the globe". [5] [6] In 2022, many Russian oligarchs and their close family members were targeted and sanctioned by countries around the world as a rebuke of Russia's war in Ukraine.
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 ...
Sen. Bernie Sanders calls them "oligarchs," while Gov. J.B. Pritzker gets cheers when touting his own billionaire status.
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 ...
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:
Not all Russian billionaires are oligarchs — for the elite class known as "Putin's inner circle," wealth is historically intertwined with politics.