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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 conceptual form of power structure in which power rests with a small number of people. These people may or may not be distinguished by one or several characteristics, such ...
An economic study distinguished 21 oligarchic groups as of 2003. [11] Between 2000 and 2004, Putin apparently engaged in a power struggle with some oligarchs, reaching a "grand bargain" with them. This bargain allowed the oligarchs to maintain their powers, in exchange for their explicit support of – and alignment with – Putin's government.
Iron law of oligarchy. The iron law of oligarchy is a political theory first developed by the German-born Italian sociologist Robert Michels in his 1911 book Political Parties. [1] It asserts that rule by an elite, or oligarchy, is inevitable as an "iron law" within any democratic organization as part of the "tactical and technical necessities ...
Several states and territories can present arguments for being the first with universal suffrage. Liberal democracy, western-style democracy, [1] or substantive democracy[2] is a form of government that combines the organization of a democracy with ideas of liberal political philosophy. Common elements within a liberal democracy are: elections ...
Sen. Bernie Sanders (I-Vt.) said Wednesday that the U.S. is moving toward an “oligarchic form of society” and urged Vice President Harris to make that message more central to her campaign. In ...
The term People's Republic is used to differentiate themselves from the earlier republic of their countries before the people's revolution, like the Republic of China. Semi-presidential republic A semi-presidential republic is a government system with power divided between a president as head of state and a prime minister as head of government ...
Thirty Tyrants. The Thirty Tyrants (Ancient Greek: οἱ τριάκοντα τύραννοι, hoi triákonta týrannoi) were an oligarchy that briefly ruled Athens from 405 BC to 404 BC. Installed into power by the Spartans after the Athenian surrender in the Peloponnesian War, the Thirty became known for their tyrannical rule, first being ...
Timocracy. A timocracy (from Greek τιμή timē, "honor, worth" and -κρατία -kratia, "rule") [1] in Aristotle 's Politics is a state where only property owners may participate in government. More advanced forms of timocracy, where power derives entirely from wealth with no regard for social or civic responsibility, may shift in their ...