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oligarchy

American  
[ol-i-gahr-kee] / ˈɒl ɪˌgɑr ki /

noun

plural

oligarchies
  1. a form of government in which all power is vested in a few persons or in a dominant class or clique; government by the few.

  2. a state or organization so ruled.

  3. the persons or class so ruling.


oligarchy British  
/ ˈɒlɪˌɡɑːkɪ /

noun

  1. government by a small group of people

  2. a state or organization so governed

  3. a small body of individuals ruling such a state

  4. a small clique of private citizens who exert a strong influence on government

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

oligarchy Cultural  
  1. A system of government in which power is held by a small group.


Usage

What does oligarchy mean? Oligarchy is a term for a government in which power is held by a select few individuals or a small class of powerful people.This can mean that these few people are the actual leaders, or that they influence or control the decisions that the leaders make (that they’re the ones “pulling the strings” behind the scenes).Oligarchy is never used as an official term for a form of government (like monarchy is, for example)—it’s almost always applied as a criticism of such situations. It is frequently used as a way of pointing out the influence of the wealthy and powerful in politics and government—an influence that’s typically used to benefit themselves.A country that is thought to have an oligarchic government can also be referred to as an oligarchy, as in Many outsiders view the nation as an oppressive oligarchy.  Oligarchy can also refer to the class of people who have the power in this kind of system, as in The country was run by an oligarchy consisting of a few powerful industrialists.One of the select few who rules or influences leaders in an oligarchy can be called an oligarch.The word oligarch is especially associated with and applied to Russian figures  known for their wealth and political influence. These figures are frequently called Russian oligarchs and are sometimes referred to collectively as the Russian oligarchy.  Example: The members of just three families have run the country as an oligarchy for decades, serving only their own interests.

Other Word Forms

  • oligarchic adjective
  • oligarchically adverb

Etymology

Origin of oligarchy

First recorded in 1570–80; from Medieval Latin oligarchia, from Greek oligarchía. See olig-, -archy

Compare meaning

How does oligarchy compare to similar and commonly confused words? Explore the most common comparisons:

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

By that time, Russian oligarchy was well and truly dead, too.

From BBC

Sparta was an agrarian oligarchy whose muscle was its hoplite horde.

From The Wall Street Journal

Merging "bro" and "oligarchy", it means "a small group of men, especially men owning or involved in a technology business, who are extremely rich and powerful, and who have or want political influence".

From BBC

I think oligarchy is a perfectly acceptable word to do that.

From Salon

“Mexico has a kind of oligarchy, and these families, they care so much about their appearance in society,” Boneta says.

From Los Angeles Times