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It's Time the Word "Oligarch" Lost Its Russian Veneer
- DaveFlater 3y agoThey wrote "the term has always referred to those empowered politically by massive wealth" but a more precise term for that is plutocrat. I always understood oligarchy as rule by any small group.
- simonblack 3y agoAll self-proclaimed 'democracies' are in fact 'oligarchies'. I don't know of any true 'democracy' anywhere in the world.