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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.
PHOTO: President Joe Biden delivers his farewell address to the nation from the Oval Office of the White House in Washington, D.C., on Jan. 15, 2025.
Biden warns of 'tech industrial complex' In his 17-minute speech, Biden called it the "highest honor of my life to lead you as commander in chief" and recalled the situation he inherited four ...
Examples are the director of the institute where Putin obtained a degree in 1996, Vladimir Litvinenko, [29] and Putin's childhood friend and judo-teacher Arkady Rotenberg. [30] Gennady Timchenko was close friends with Russian leader Vladimir Putin since the early 1980s. [31] [32] In 1991, Putin gave Timchenko an oil export license. [11]
Biden also said in his farewell speech that American leadership and technology is an "unparalleled source of innovation that can transform lives," but "we see the same dangers, the concentration ...
Bureaucracy by design leads to centralization of power by the leaders. Leaders also have control over sanctions and rewards. They tend to promote those who share their opinions, which inevitably leads to self-perpetuating oligarchy. People achieve leadership positions because they have above-average political skill (see Charismatic authority ...
Passing this bill would show that public service and family life can coexist, sending a powerful message to younger, more diverse leaders: your voice matters, and you belong in government.
“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 get ahead," Biden said, drawing attention to "a dangerous concentration of power in the hands of a few ultra-wealthy people and the dangerous ...