Online Encyclopedia

OLIGARCHY (Gr. oXiyot, few, apxil, rule)

Online Encyclopedia
Originally appearing in Volume V20, Page 81 of the 1911 Encyclopedia Britannica.
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OLIGARCHY (Gr. oXiyot, few, apxil,
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rule)  , in
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political
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philosophy, the
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term applied to a
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government exercised by a relatively small number of the members of a community . It is thus the appropriate term for what is now generally known as "
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aristocracy " (q.v.) . The meaning of the terms has substantially altered since
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Plato's
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day, for in the
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Republic "
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oligarchy " meant the
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rule of the wealthy, and " aristocracy " that of the really best
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people .

End of Article: OLIGARCHY (Gr. oXiyot, few, apxil, rule)
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