Oligarchy - MSN Encarta

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Oligarchy - Wikipedia, the free encyclopedia
Oligarchy (Greek Ὀλιγαρχία, Oligarkhía) is a form of government where political power effectively rests with a small elite segment of society (whether distinguished by ...
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oligarchy - definition of oligarchy by the Free Online Dictionary ...
ol·i·gar·chy (l-gär k, l-) n. pl. ol·i·gar·chies. 1. a. Government by a few, especially by a small faction of persons or families. b. Those making up such a government.

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Oligarchy, in political philosophy, form of government in which the supreme power is vested in a few people. Political writers of ancient Greece used the term to designate the debased form of an aristocracy, or government by the best citizens. In an oligarchy, the government is controlled by a faction that acts in its own interests to the exclusion of the welfare of the people it is governing.