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.
An interesting political theory I was reading about recently called "The Iron Law of Oligarchy", a term coined by German Sociologist Robert Michels in 1911 published in his book… Continue
Posted on August 28, 2008 at 11:25am — 19 Comments