Oligarchies
An oligarchy is a form of government or power structure in which control rests with a small group of people. The governing group may be defined by wealth, family ties, military strength, political position, or a combination of these. Oligarchies can be formal institutions with explicit rules, or informal networks that wield influence without a codified framework.
Power in oligarchies is typically exercised through control of key levers of authority, including the state
Oligarchy is distinct from autocracy (rule by one) and democracy (rule by many). It can exist within
Historically, oligarchies have appeared in various forms, from ancient city-states where a narrow elite held power
Critics argue that oligarchies diminish political equality, distort representation, and can reduce accountability, potentially breeding corruption