oligarchy
noun
ol·i·gar·chy
ˈä-lə-ˌgär-kē
ˈō-
plural oligarchies
1
: government by the few
a choice between democracy and oligarchy
… the Greeks knew that social inequality was the route through which democracy turns to oligarchy.—
Charles P. Pierce
… oligarchy does have an economic element to it; in fact, it is explicitly economic. Oligarchy is the rule of the few, and these few have been understood since Aristotle's time to be men of wealth, property, nobility, what have you.—
Michael Tomasky
2
: a government in which a small group exercises control especially for corrupt and selfish purposes
A military oligarchy was established in the country.
also
: a group exercising such control
the country's ruling oligarchy
Money from vast reserves of natural gas and oil flows to the oligarchy … —
Roger Cohen
3
: a group or organization that is controlled by a privileged few
The once vibrant ecosystem of diverse builders and entrepreneurs gradually gave way to an oligarchy, where big corporations devoured smaller enterprises.—
Chris Gallagher
These men are gifts to the tennis world. … But you have to wonder where the challengers are. Consider this: Djokovic will likely reach the final without facing a player ranked in the top 20. So much for a next generation of players ready to unseat the oligarchy.—
L. Jon Wertheim
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Merriam-Webster unabridged




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