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Mar 10, 2023 · Examples of oligarchy. Because oligarchy is often used as a derogatory term for a corrupt government, several countries have been described as such throughout history. The term oligarch has...
For example, while North Korea's one-party system qualifies it as an oligarchy, it could also be classified as a hereditary Stalinist dictatorship and even an absolute monarchy. Oligarchy in Russia. One of the most well-known oligarchies is Russia, which historians say has been ruled by one authoritative oligarchy or another since at least the ...
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.
Oct 19, 2023 · Broadly speaking, an oligarchy is a form of government characterized by the rule of a few persons or families. More specifically, the term was used by Greek philosopher Aristotle in contrast to aristocracy, which was another term to describe rule by a privileged few.
Mar 4, 2022 · Analysis. Reporting & Editing. What is an oligarch? Modern oligarchs in Russia came to wealth, power and influence in the early 1990s when the Soviet Union collapsed and they cashed in. The yacht...
A modern example of oligarchy, based on race, could be seen during the twentieth century in South Africa in the apartheid system, which became official government policy in 1948 and lasted until the democratic election of a government dominated by the black majority in 1994.
Feb 20, 2021 · An oligarchy is a form of government in which power effectively rests with a small elite segment of society distinguished by royalty, wealth, family, military, or religious hegemony.
