We consider a setting where each economy is characterized by an initial comparative disadvantage in manufacturing, and study the optimal regimes chosen in three types of
oligarchies: a benchmark capital oligarchy with inexpensive bequests, a land oligarchy, and a capital oligarchy with expensive bequests.
For, the entrenched
oligarchies are not easy to dislodge.
Placing all the power in one person's hands fits the model of oligarchic control and if we need to have a current example of this we need look no further than the creation of Police and Crime Commissioners to see how undemocratic and unaccountable these
oligarchies really are.
For example, a number of countries (Belarus, Kyrgyzstan and Tajikistan) have regressed from
oligarchies to autocracies; and a number of democracies have regressed either to autocracies (Azerbaijan) or to
oligarchies (Armenia and Georgia).
Aristotle lists the causes of why
oligarchies and aristocracies break up.
It's when "corporations and
oligarchies" take control of forests "for their own ends" that people rise up in protest, says Berman.
Historically the status of "mixed-race" people has presented an administrative and political problem for racial
oligarchies, but the situations of South Africa and the United States differ significantly.
A caller told a local newspaper that the bombings were the work of the leftist Revolutionary Nucleii protesting at "the criminal Nato formation, the European Union and their banking
oligarchies which force a capitalist dictatorship".
Their faith unshaken by the spectacle of fatted
oligarchies in Thailand and Indonesia paying a heavy price for their insolence and greed, Mr.
Tittler's central thesis - a convincing one - is that ruling urban
oligarchies built these halls primarily to strengthen and symbolize their political authority.