Abusiness oligarch is generally abusiness magnate who controls sufficient resources to influence national politics.[1][2] A business leader can be considered anoligarch if some of the following conditions are satisfied:
More generally, an oligarch (from Ancient Greek ὀλίγος (oligos) 'few' and ἄρχειν (archein) 'rule') is a "member of anoligarchy; a person who is part of a small group holding power in a state".[3]
It has been noticed how in Western media, the term "oligarch" appears often and exclusively used with reference toEastern Europe and the former Soviet sphere, where it was first used - as if such figures didn't exist or influence politics and society in the former "free world". Paradigmatical, in this respect, appear the fortunes of media moguls likeSilvio Berlusconi.
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