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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.
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 ...
Outgoing US President Joe Biden warned of the dangers of an oligarchy gaining power as he delivered his farewell address and brought a decades-long career in politics to an end. "Today, an ...
But unlike an aristocracy, an oligarchy is more closely tied to wealth than nobility and family lineage. The philosopher Aristotle wrote in his book “Politics” that “democracy is safer and more free from civil strife than oligarchy; for in oligarchies two kinds of strife spring up, faction between different members of the oligarchy and ...
a fortune of over 1 million living wages (about $83 million at the current exchange rate). [ 5 ] Persons included into the register will be banned from making contributions (directly or indirectly through other persons) in support of political parties, and being a buyer (beneficiary of the buyer) in the process of privatization of large-scale ...
Rule by an autocracy or oligarchy with a power source predicated on a political party or stratocracy; characterized by the rejection of political plurality. Band society: Rule by a government based on small (usually family) unit with a semi-informal hierarchy, with strongest (either physical strength or strength of character) as leader. Bureaucracy
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 ...