User:Ingemar3/sandbox

Oligarism (from Greek ὀλιγαρχία (oligarkhía); from ὀλίγος (olígos) 'few', and ἄρχω (arkho) 'to rule or to command') is a philosophical, social, political, and economic ideology advocating a class system. It leads to a society in which a small group of people owns the vast majority of income-producing capital in society.

In oligarism, the overwhelming majority of people work for money and are only paid according to the time they spend offering their abilities and skills. The small group of people owning income-producing capital use their power to grow their assets and protect their shareholders by using all moral and immoral measures to increase their capital base and they may or may not care about the societal impact. This group may be distinguished by one or several characteristics, such as nobility, fame, wealth, education, or corporate, religious, political, or military control.”

Oligarism is a new term coined in 2021 that describes a relatively new phenomenon and has evolved from capitalistic societies in which people who were able to build disproportionate capital over time and became significantly wealthier and financially independent in contrast to groups of people who's income comes exclusively from salaries.

Throughout history, countries were ruled by oligarchs who have, in most cases, been tyrannical, relying on public obedience or oppression to exist. Today, such leaders are often embedded in constitutionally instated democratic societies and are hidden in bodies of government and large corporations. Corporate entities are mostly managed by people who were hired to protect shareholders' interests and to grow the company's value and market share with little or no consideration for the wealth and wellbeing of society and nature.