Initiatives v Oligarchy

Our Founders' Warning: “Every government degenerates when trusted to the rulers of the people alone. The people themselves are its only safe depositories.” (Thomas Jefferson)

Oligarchy

“Oligarchy… is a form of power structure in which power rests with a small number of people [Oligarchs]…distinguished by …wealth, family ties, …corporate, religious, or military control.” “Throughout history, oligarchies have often been tyrannical….” (Courtesy © Wikipedia). Oligarchs are often Directors of multiple major corporations and official residents of several counties, particularly tax-havens.

[Close related words: Oligarchy, Plutocracy, Kleptocracy, Aristocracy, Corporatocracy, AnocracyAuthoritarianism, Courtesy © Wikipedia]