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2022 Except that the framers had no way of anticipating that a novel form of oligarchy would soon emerge to challenge constitutional democracies: moneyed aristocracies ruling by virtue not of formal titles but of concentrated wealth. 2022 Yet the Cardinals are the team in this year’s quartet of powerhouses that has generally been the most overlooked, a reminder of the oligarchy still lingering in a sport seeing more parity every season. The first known use of the term in English dates from 1631. The word 'oligarchy' comes from the Greek word 'oligarkhes' - meaning 'few to rule or command.' According to the Merriam-Webster dictionary, an oligarchy is a 'government by. 2022 Page acknowledges that American oligarchy is different - it is embedded in the political system. Oligarchy noun a political system governed by a few people Plutocracy A plutocracy (Greek:, ploutos, 'wealth' and, kratos, 'power') or plutarchy is a society that is ruled or controlled by people of great wealth or income. 2022 Owning a superyacht, the ultimate status symbol, is practically a prerequisite for joining Russia’s oligarchy. Priscilla Totiyapungprasert, The Arizona Republic, 29 Apr. Natalie Shure, The New Republic, After the United States overthrew the Hawaiian Kingdom in 1893, white settlers formed an oligarchy of sugar production companies, known as The Big Five, that controlled the Hawaiian islands in the first half of the 20th century.
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A pandemic is the perfect cover for a plutocracy to flex its monetary muscle and, additionally, for the government’s surveillance state to intensify its intrusive snooping. On the other hand, oligarchy is a form of government in which the. The government definitely has a say in all the business arrangements. As a matter of fact, in autocracy, economy is either a command or traditional system. The economy in the case of autocracy differs from that of oligarchy. Wendell Wallach, Fortune, 16 June 2022 Suffice it to say that the overwhelmingly white professional-class women who don these costumes don’t inhabit a country on the verge of becoming a theocracy or even a patriarchy, but an oligarchy-the harms of which they’ll be relatively spared from. The coronavirus epidemic has exposed the truth that the corporate oligarchs are firmly in charge of our fates and will be until the eventual collapse of our democracy. It is akin to the dictatorship form of government. San Diego Union-Tribune, 8 July 2022 Unlike the evil oligarchy of ancient Athens, the A.I. is currently more an oligarchy than a democracy. Recent Examples on the Web As a result, the U.S.