Who Created Oligarchy? The greatest theorist of modern oligarchy is Robert Michels (1876–1936). It is he who, in his classic 1911 text On the Sociology of the Party System in Modern Democracy, coined the phrase the “iron law of oligarchy” (Michels, 1962, p. 356). Where did oligarchy come from? The term oligarchy refers to a
Who Ruled Oligarchy In Ancient Greece? By 800 B.C.E., most of the Greek city-states were no longer ruled by kings. In an oligarchy government, the power to make decisions is in the hands of two to three rich men, usually called oligarchs or kings. The word oligarchy comes from the Greek root words oligos (which
Who Rules In An Oligarchy? Broadly speaking, an oligarchy is a form of government characterized by the rule of a few persons or families. More specifically, the term was used by Greek philosopher Aristotle in contrast to aristocracy, which was another term to describe rule by a privileged few. What are the leaders of an
How Does The Government Raise Money In An Oligarchy? Most classic oligarchies have resulted when governing elites were recruited exclusively from a ruling caste—a hereditary social grouping that is set apart from the rest of society by religion, kinship, economic status, prestige, or even language. Such elites tend to exercise power in the interests of