American Oligarchopoly
Oligarchy is a form of government or power structure in which control rests with a small group of people, usually distinguished by wealth, family, military power, or corporate influence, rather than with the public at large. The word comes from the Greek oligos (“few”) and arkhein (“to rule”). In modern usage it often describes systems that may be formally democratic but where a wealthy elite has outsized sway over policy and institutions. Post-Soviet Russia’s business…

