Quick Answer: What Exactly Is An Oligarch?

What is oligarchy in sociology?

An oligarchy is a form of government in which power effectively rests with a small elite segment of society.

Oligarchies are often controlled by politically powerful families whose children are heavily conditioned and mentored to be heirs of the power of the oligarchy.

States may be oligarchies de jure or de facto..

Is autocracy the same as dictatorship?

Both totalitarian and military dictatorship are often identified with, but need not be, an autocracy. … It can be headed by a supreme leader, making it autocratic, but it can also have a collective leadership such as a commune, military junta, or a single political party as in the case of a one-party state.

What type of government is a republic?

In the context of US constitutional law, the definition of republic refers specifically to a form of government in which elected individuals represent the citizen body and exercise power according to the rule of law under a constitution, including separation of powers with an elected head of state, referred to as a …

What is a synonym of oligarchy?

Words related to oligarchy autocracy, oppression, domination, cruelty, authoritarianism, despotism, totalitarianism, coercion, terrorism, absolutism, severity, monocracy, fascism, totality, imperiousness, high-handedness, unreasonableness, reign of terror, peremptoriness.

Is the United States an oligarchy?

The modern United States has also been described as an oligarchy because economic elites and organized groups representing special interests have substantial independent impacts on U.S. government policy, while average citizens and mass-based interest groups have little or no independent influence.

Who gave iron law of oligarchy?

The iron law of oligarchy is a political theory first developed by the German sociologist Robert Michels in his 1911 book, Political Parties.

What are the two types of oligarchies?

Oligarchy is where a small group of people have control over a country or organization. Theocracy is a system of government where the priests rule in the name of God. Monarchy is where a single person is the head of a government.

Is America a corporatocracy?

Economist Jeffrey Sachs described the United States as a corporatocracy in The Price of Civilization (2011).

What are the two different types of democracy?

Democracies fall into two basic categories, direct and representative. In a direct democracy, citizens, without the intermediary of elected or appointed officials, can participate in making public decisions.

Which best describes the iron law of oligarchy?

Terms in this set (22) What BEST describes the “iron law of oligarchy?” As a result of their efficiency, bureaucracies have few, if any, flaws. … Once a bureaucracy meets its intended goals, it usually breaks up.

How are leaders chosen in an oligarchy?

Answer and Explanation: The leaders of an oligarchy typically are not chosen as one would be in a democracy or a republic, rather they come from a position of wealth and…

What are the leaders of an oligarchy called?

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.

What is economic oligarchy?

Oligarchy” means government of and by a few at the top, who exercise power for their own benefit. … Their power and wealth increase over time as they make laws that favor themselves, manipulate financial markets to their advantage, and create or exploit economic monopolies that put even more wealth into their pockets.

What is the opposite of a monarchist?

Opposite of an advocate of, or believer in, monarchy. revolutionary.

What country is a plutocracy?

In the political jargon and propaganda of Fascist Italy, Nazi Germany and the Communist International, Western democratic states were referred to as plutocracies, with the implication being that a small number of extremely wealthy individuals were controlling the countries and holding them to ransom.

What is the best definition of 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. Oligarchy.

What is the difference between oligarchy and bureaucracy?

As nouns the difference between oligarchy and bureaucracy is that oligarchy is a government run by only a few, often the wealthy while bureaucracy is structure and regulations in place to control activity usually in large organizations and government operations.

What is the opposite of an oligarchy?

Noun. Opposite of a government in which a single ruler (a tyrant) has absolute power. democracy. liberality.