What is a oligarchy in simple terms?

What is a oligarchy in simple terms?

Encyclopedic Entry Vocabulary. 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.

What makes someone an oligarch?

More generally, an oligarch (from Ancient Greek ὀλίγος (oligos) ‘few’, and ἄρχειν (archein) ‘rule’) is a “member of an oligarchy; a person who is part of a small group holding power in a state”. The term is commonly used in the Western press to differentiate Russian businessmen from Western businessmen.

What’s an example of oligarchy?

Russia can be considered both a historical and modern example of an oligarchy. The wealthy and elite in Russia are the ones to run the government. Many of these oligarchs achieved their wealth after the fall of the Soviet Union, also considered an oligarchy.

What are three examples 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 of colonialism.

What is a synonym for oligarch?

Similar words for oligarch:

dictator (noun) other relevant words (noun) person (noun) ruler (noun) strongman (noun)

What are two types of oligarchies?

13 Different Types of Oligarchies (Plus Pros, Cons, Causes)

  • Aristocracy.
  • Autocracy (Dictatorship)
  • Band Society Oligarchy.
  • Ethnocracy.
  • Geniocracy.
  • Gerontocracy.
  • Kritarchy.
  • Netocracy.

What countries are oligarchies?

Several modern countries could be described as oligarchies, including Russia, China, and arguably even the United States.

What is another word for oligarchs?

In this page you can discover 18 synonyms, antonyms, idiomatic expressions, and related words for oligarchy, like: oligarch, diarchy, thearchy, bourgeoisie, aristocracy, triarchy, absolute-monarchy, duarchy, triumvirate, autocracy and duumvirate.

Why are they called oligarchs?

The term “oligarch” derives from the Ancient Greek oligarkhia meaning “the rule of the few”.

Whats the opposite of an oligarchy?

We have listed all the opposite words for oligarchy alphabetically. democracy. commonwealth. egalitarianism. emancipation.

What is the difference between an oligarchy and a kleptocracy?

Kleptocracy is different from plutocracy (rule by the richest) and oligarchy (rule by a small elite). In a kleptocracy, corrupt politicians enrich themselves secretly outside the rule of law, through kickbacks, bribes, and special favors, or they simply direct state funds to themselves and their associates.

What is another word for oligarchy?

What is another word for oligarchy?

tyranny dictatorship
autocracy absolutism
authoritarianism tsarism
autarchy totalism
czarism Caesarism

Why are oligarchs so called?

What’s the opposite of an oligarchy?

What is another name for oligarch?

dictator (noun) other relevant words (noun) person (noun) ruler (noun)

What’s the meaning of kleptocracy?

Kleptocracy (from Greek κλέπτης kléptēs, “thief”, κλέπτω kléptō, “I steal”, and -κρατία -kratía from κράτος krátos, “power, rule”) is a government whose corrupt leaders (kleptocrats) use political power to expropriate the wealth of the people and land they govern, typically by embezzling or misappropriating government …

Is Ukraine a kleptocracy?

United States diplomats described Ukraine under Presidents Kuchma (in office from 1994 to 2005) and Yushchenko (in office from 2005 to 2010) as a kleptocracy, according to WikiLeaks cables.

What country is a plutocracy?

Examples. Historic examples of plutocracies include the Roman Empire, some city-states in Ancient Greece, the civilization of Carthage, the Italian merchant city states of Venice, Florence, Genoa, the Dutch Republic and the pre-World War II Empire of Japan (the zaibatsu).

What is the opposite of oligarchy?

What is the difference between a monarchy and an oligarchy?

Absolute monarchy is a sub-category of autocracy – the rulership by a single person. An oligarchy, on the other hand, is a rulership by a small minority of society but still more than one person. So by definition, a central feature of oligarchy is that there is more than one oligarch.

How many oligarchs are there in UK?

The UK has today sanctioned Eugene Tenenbaum and David Davidovich, bringing the total number of oligarchs, family members and associates sanctioned to 106 since February.

Who rules in an oligarchy?

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.

Is kleptocracy a form of government?

What do you call a corrupt person?

Some common synonyms of corrupt are degenerate, iniquitous, nefarious, vicious, and villainous. While all these words mean “highly reprehensible or offensive in character, nature, or conduct,” corrupt stresses a loss of moral integrity or probity causing betrayal of principle or sworn obligations.

Which country has highest corruption rate?

Denmark, New Zealand, Finland, Singapore, and Sweden are perceived as the least corrupt nations in the world, ranking consistently high among international financial transparency, while the most apparently corrupt are Syria, Somalia (both scoring 13), and South Sudan (11).

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