O L I G A R C H Y
What's it mean? Good question. Here's what Wikipedia says:
Oligarchy (from Greek ὀλιγαρχία (oligarkhía); from ὀλίγος (olígos), meaning "few", and ἄρχω (arkho), meaning "to rule or to command") is a form of power structure in which power effectively rests with a small number of people. These people could be distinguished by royalty, wealth, family ties, education, corporate, or military control. Such states are often controlled by a few prominent families who typically pass their influence from one generation to the next, but inheritance is not a necessary condition for the application of this term.
If it sounds familiar, it should:
In essence, the researchers found that government policy changes are correlated with the wishes of the wealthy and with interest groups, but not with the wishes of the average American—even though the whole idea of "Democracy" is to ensure that the wishes of the majority tend to carry the day.
Man, our version of democracy is such a bummer lately.
