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What are some examples of oligarchy countries?
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What are some examples of an oligarchy government?
Nov 14, 2019 · An oligarchy is a power structure under which a small group of elite individuals, families, or corporations control a country. The people who hold the power in an oligarchy are called “oligarchs” and are related by characteristics such as wealth, family, nobility, corporate interests, religion, politics, or military power.
Aug 24, 2020 · An oligarchy is a power structure that allows a few businesses, families, or individuals to rule a country. Their power flows through their relationships with each other. An oligarchy can coexist with democracy, theocracy, or kingdom. Their wealth and connections allow them to influence public policy behind the scenes.
A plutocracy is a subset of an oligarchy. In a plutocracy, the leaders are rich. The leaders in an oligarchy don't have to be rich, even though they usually are. For example, a high school ruled by a popular clique is an oligarchy. A plutocracy is always an oligarchy, but there could be some oligarchies that aren't plutocracies.
Mar 25, 2020 · Some examples of the oligarchic system of government can be found in Russia following the fall of the Soviet Union when a group of private businessmen dominated both wealth and political power in the Russian government. In the Russian example, oligarchs are identified as business magnates perceived as close to the current form of government.
- The United States. The United States was built upon a foundation of republic that was given to it by the Founding Fathers. When Benjamin Franklin was asked what was produced behind the closed doors of the Constitutional Convention of 1787, he responded immediately with "A republic, if you can keep it."
- China. While China's political system is widely known to be a Communist Party that has ruled over the country since 1949, the country's Politburo Standing Committee of the Chinese Communist Party is made up of members that show China is more of an oligarchy when it comes to the country's political stance.
- Russia. Russia's current political system is characterized as a federal presidential republic. Although, it is one country that has a rich history in oligarchy, that many say is still alive and well.
- Britain. Britain is another country that has taken on the label of becoming an oligarchy. Ferdinand Mount, writes in his book, The New Few: Or a Very British Oligarchy, how income and wages within Britain have become highly unequal and the gap continues to enlarge rather than attempt to close and while the poor have become poorer the rich have become richer.
The exclusive consolidation of power by a dominant religious or ethnic minority has also been described as a form of oligarchy. Examples of this system include South Africa under apartheid, Liberia under Americo-Liberians, the Sultanate of Zanzibar, and Rhodesia, where the installation of oligarchic rule by the descendants of foreign settlers was primarily regarded as a legacy of various forms ...
Aug 03, 2018 · In business, perhaps one of the most recent examples of an oligarchy may be the corporate structure at Papa John's, as exposed in a 2018 Forbes article. The tight-knit community of top execs and ...
- Anne Sraders
Oligarchy becomes tyrannical and/or oppressive when there is a limitation in the separation of powers and when the rule of law is violated. Oligarchy, like other forms of government, has its pros and cons. Oligarchies consolidate power with those who have the expertise, especially those in familial oligarchies, because family members are raised ...