What Is The Best Definition Of An Oligarchy?

What Is The Best Definition Of An Oligarchy? oligarchy, government by the few, especially despotic power exercised by a small and privileged group for corrupt or selfish purposes. … In this sense, oligarchy is a debased form of aristocracy, which denotes government by the few in which power is vested in the best individuals. What

What Is The Iron Law Of Oligarchy Quizlet?

What Is The Iron Law Of Oligarchy Quizlet? The Iron Law of Oligarchy is a political concept devised by Robert Michaels, a German sociologist. It states that formalized bureaucracies inevitably become led by a small group of self-serving leaders–that is, the power and responsibility necessary in a formal organization eventually leads to oligarchy. What is