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What is an oligarchy in a business group?
What is an oligarchy and how does it work?
Is a corporation ruled by an oligarchy?
What is an oligarchy power structure?
Updated on November 14, 2019. An oligarchy is a power structure made up of a few elite individuals, families, or corporations that are allowed to control a country or organization. This article examines the characteristics of oligarchies, their evolution, and how common they are today.
A business group might be defined as an oligarchy if it satisfies all of the following conditions: Owners are the largest private owners in the country. It possesses sufficient political power to promote its own interests. Owners control multiple businesses, which intensively coordinate their activities. [6] Intellectual oligarchies.
Corporatocracy ( / ˌkɔːrpərəˈtɒkrəsi /, from corporate and Greek: -κρατία, romanized : -kratía, lit. 'domination by'; short form corpocracy [1]) is an economic, political and judicial system controlled by business corporations or corporate interests. [2]
Feb 21, 2023 · In contemporary terms, an “oligarch” most commonly refers to an individual who is a member of an elite economic group and who maintains power through extreme...
1. : government by the few. The corporation is ruled by oligarchy. 2. : a government in which a small group exercises control especially for corrupt and selfish purposes. a military oligarchy was established in the country. also : a group exercising such control. An oligarchy ruled the nation. 3. : an organization under oligarchic control.
Apr 2, 2024 · Oligarchy, government by the few, especially despotic power exercised by a small and privileged group for corrupt or selfish purposes. Oligarchies in which members of the ruling group are wealthy or exercise their power through their wealth are known as plutocracies.
Mar 4, 2022 · The word oligarchy starts to color how we should think about the people who make up that group: (Oxford Languages) So, by definition, if you were rich and so powerful and...
