1. Government by the few, 2. those making up such a faction, 3. a state governed by such a faction. An "oligarch" is a member of an oligarchy. Currently "oligarch" refers to an individual whose substantial funds allow that individual to influence governmental actions in a manner that increases those already substantial funds.
"Oligarchy" was first used in English at around 1600 and is derived from Greek "olig," "few, little" (from PIE "leig," "poor") + "-arch" referring to "ruler, leader" such seen in "matriarch" from Middle English "-arche" from Old French, from Late Latin "-arches" (the "e" has a macron over it), from Greek "-arkes" again with a macron on the "e"), from "arkhos" ruler, from "arkhein" "to rule" from PIE "arkhein" "to begin, rule, command." Seen in "archives," "autarchy" and perhaps "archiphoneme."
oligarchy, oligarch
- Slava
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Re: oligarchy, oligarch
Rather coincidentally, Gail Collins at the NYT had a column on this just the other day.
It includes this line: “Oligarch” sounds more interesting than “superrich person with undue political influence.” Much like bnjtokyo's definition.
It includes this line: “Oligarch” sounds more interesting than “superrich person with undue political influence.” Much like bnjtokyo's definition.
Life is like playing chess with chessmen who each have thoughts and feelings and motives of their own.
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- Great Grand Panjandrum
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Re: oligarchy, oligarch
Gail Is frequently hilarious. From time to time she and David Brooks have a conversation separately marked in the New York Times. Informative and always funny.
pl
- Slava
- Great Grand Panjandrum
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Re: oligarchy, oligarch
Collins has an RSS feed available, so you never have to miss any of her work. I prefer her own columns to The Conversation, though. I've rather soured on Brooks lately.
Life is like playing chess with chessmen who each have thoughts and feelings and motives of their own.
Re: oligarchy, oligarch
Not coincidentally. It was Ms Collin's column that got me wondering about the definition and etymology of "oligarch."
- call_copse
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Re: oligarchy, oligarch
Robert Michels said: "Historical evolution mocks all the prophylactic measures that have been adopted for the prevention of oligarchy." Whilst he later became some kind of fascist, I struggle to find a counter to his iron law of oligarchy, especially in bleaker moments. I hope society will eventually find a way.
Iain
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