Oligarchical

Relating to or characteristic of an oligarchy, a form of government in which power is vested in a small, elite group. This group typically consists of wealthy, powerful, or otherwise privileged individuals who control the state for their own benefit. oligarchical systems often concentrate wealth and resources, leading to social inequality and limited participation from the general populace. Decision-making processes are usually opaque and not subject to democratic oversight. The term carries negative connotations, suggesting a lack of fairness, equity, and responsiveness to the needs of the broader population.

Oligarchical meaning with examples

• The nation's economy suffered under the oligarchical rule of a few families who controlled all major industries. They prioritized their own profits above the needs of the workers, leading to widespread poverty and discontent.
• Historians argue that the early Roman Republic, despite its democratic facade, was fundamentally oligarchical, as power rested primarily with the patrician class. This elite group made laws and controlled the Senate.
• Critics accused the company of implementing oligarchical management, where decisions were made by a select group of executives without consulting the employees or shareholders, suppressing innovation and employee morale.
• The political system showed signs of becoming more oligarchical, with campaign finance rules favoring wealthy donors and limiting the influence of ordinary citizens. This was a cause of democratic concern.
• The country's transition to democracy faced challenges as the entrenched oligarchical interests resisted reforms that would diminish their power and control of the vast natural resources.