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'''Oligarchy''' is a form of [[government]] which the political power is centralized within a small group or faction of a few persons, called '''oligarchs'''. The ruling faction is usually a wealthy and privileged group. When the oligarchs are nobles, it is called an [[aristocracy]]; when they are men of wealth, it is called a [[plutocracy]].
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==Examples of oligarchy==
'''Oligarchy''' is a form of [[government]] in which [[power (politics)|political power]] is centralized within a small group or faction of a few persons, called '''oligarchs'''. The ruling faction is typically, though not necessarily, an economically privileged group. Oligarchy is a broad category with subtypes defined according to the composition of the oligarch class. For example, when the oligarchs are nobles, it is called an [[aristocracy]]; when they are men of wealth, it is called a [[plutocracy]]. Oligarchy often is viewed pejoratively:<ref name=Georgia>


Historically, many [[city-state]]s of ancient [[Greece]] were oligarchies. The most prominent one was [[Sparta]], which was rule by the military elite. Other examples include the [[Etruscans]] who ruled [[Italy]] in pre-Roman era, the Roman Republic, and the Italian cities during the [[Middle Ages]].<ref> [http://www.historyforkids.org/learn/government/oligarchy.htm Oligarchy] History for kids</ref>
{{cite book |title=Semi-annual report of the Railroad Commission of the State of Georgia, submitted to the Governor  |url=http://books.google.com/books?id=yrEsAAAAYAAJ&pg=PA47 |date=May 1, 1881 |pages=p. 47 |publisher=Railroad Commission of Georgia}}
 
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<font face="Gill Sans MT">"We must escape the bondage of such an Oligarchy, not Aristocracy – the rule of the ''few'', but not of the ''best'' – involving all the evils of the one, with none of the alleviations of the other. It will be the rule of men, spoiled by sudden wealth, with no hereditary sense of honor and dignity, no character to support and no name to preserve untarnished – without the training of gentlemen, or the habits of the upright poor."</font>
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==Ancient and Premodern Oligarchies==
 
Historically, many [[city-state]]s of ancient [[Greece]] were oligarchies. The most prominent was [[Sparta]], which was ruled by the military elite. Other examples include the [[Etruscans]] who ruled [[Italy]] in pre-Roman era, the Roman Republic, and the Italian city-states, including Venice and Genoa, during the [[Middle Ages]].<ref> [http://www.historyforkids.org/learn/government/oligarchy.htm Oligarchy] History for kids</ref>


==Modern usage==
==Modern usage==
The United States has been sometimes accused of being oligarchical that the political power is essentially manipulated by the wealthy and [[big business]]es.<ref> [http://www.commondreams.org/views05/0418-21.htm How Rich is Too Rich For Democracy?] Thom Hartmann </ref> The PRC regime in [[China]] is sometimes referred as an oligarchy that a small cadre of [[Communist]] party leaders dictatorially rule the country.<ref> [http://www.taipeitimes.com/News/editorials/archives/2004/05/24/2003156782 China's possible rethink on Taiwan] Sushil Seth </ref> The [[Soviet Union]]'s ruling class, the "nomenklatura", was in nature oligarchical. The multinational [[corporation]]s have been also accused as constituting a global oligarchy.<ref> [http://www.truthout.org/docs_2006/031507E.shtml How the Rich Are Destroying the Planet: A Review] Leslie Thatcher </ref>
The United States has sometimes been accused of being oligarchical in that the political power is perceived as being essentially manipulated by the wealthy and [[big business]]es.<ref> [http://www.commondreams.org/views05/0418-21.htm How Rich is Too Rich For Democracy?] Thom Hartmann </ref> The PRC regime in China is sometimes referred as an oligarchy that a small cadre of [[Communist]] party leaders dictatorially rule the country.<ref> [http://www.taipeitimes.com/News/editorials/archives/2004/05/24/2003156782 China's possible rethink on Taiwan] Sushil Seth </ref> The [[Soviet Union]]'s ruling class, the "nomenklatura", was in nature oligarchical. Multinational [[corporation]]s have also been accused as constituting a global oligarchy.<ref> [http://www.truthout.org/docs_2006/031507E.shtml How the Rich Are Destroying the Planet: A Review] Leslie Thatcher </ref>


==Iron law of oligarchy==
==Iron law of oligarchy==
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==References==
==References==


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Oligarchy is a form of government in which political power is centralized within a small group or faction of a few persons, called oligarchs. The ruling faction is typically, though not necessarily, an economically privileged group. Oligarchy is a broad category with subtypes defined according to the composition of the oligarch class. For example, when the oligarchs are nobles, it is called an aristocracy; when they are men of wealth, it is called a plutocracy. Oligarchy often is viewed pejoratively:[1]

"We must escape the bondage of such an Oligarchy, not Aristocracy – the rule of the few, but not of the best – involving all the evils of the one, with none of the alleviations of the other. It will be the rule of men, spoiled by sudden wealth, with no hereditary sense of honor and dignity, no character to support and no name to preserve untarnished – without the training of gentlemen, or the habits of the upright poor."

Ancient and Premodern Oligarchies

Historically, many city-states of ancient Greece were oligarchies. The most prominent was Sparta, which was ruled by the military elite. Other examples include the Etruscans who ruled Italy in pre-Roman era, the Roman Republic, and the Italian city-states, including Venice and Genoa, during the Middle Ages.[2]

Modern usage

The United States has sometimes been accused of being oligarchical in that the political power is perceived as being essentially manipulated by the wealthy and big businesses.[3] The PRC regime in China is sometimes referred as an oligarchy that a small cadre of Communist party leaders dictatorially rule the country.[4] The Soviet Union's ruling class, the "nomenklatura", was in nature oligarchical. Multinational corporations have also been accused as constituting a global oligarchy.[5]

Iron law of oligarchy

The German sociologist Robert Michels formulated the famous "Iron law of oligarchy", that all political and organizational institutions, no matter what structure they are established as, will eventually devolve into oligarchies.[6]

References