Oligarchy is a form of power structure in which power rests with a small number of people. These people might be distinguished by nobility, wealth, family ties, education or corporate, religious or military control. Such states are often controlled by families who typically pass their influence from one generation to the next,, but inheritance is not a necessary condition for the application of this term. Throughout history, oligarchies have often been tyrannical, relying on public obedience or oppression to exist. Aristotle pioneered the use of the term as a synonym for rule by the rich, for which another term commonly used today is plutocracy. Especially during the fourth century BCE, after the restoration of democracy from oligarchical coups, the Athenians used the drawing of lots for selecting government officers to counteract what the Athenians saw as a tendency toward oligarchy in government if a professional governing class were allowed to use their skills for their own benef...
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00:01:28 Minority rule
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