There are more than one ways that an oligarchy can operate. Aristotle stated that the oligarchy was a small cohesive political class which ruled in its own interest rather than for the people. In contrast he claimed that a monarchy, aristocracy or a mixed republic was more likely to achieve justice. Aristotle believed that the oligarchs would not aim to achieve justice or political benevolence. He claimed that oligarchy was an inferior form of government. In The Politics, Aristotle compared oligarchy to other forms of government like autocracy. The term “Oligarchy” was pioneered by the ancient Greek philosopher Aristotle. Read on for a further look at the origins of oligarchy and its various advantages and disadvantages. The cons are many and include there being no single leader, the propensity for tyrannical power, monopolies, no free press, stifled innovation and more. The pros of oligarchy include long-term solutions and less citizen responsibility. That being said, what are the pros and cons of oligarchy? In an oligarchy power is kept closely by a few people who agree to share power for mutual gain. Oligarchy can be contrasted with monarchy which is a government with a single absolute authority. The oligarchs usually share a common trait such as wealth, nobility, religion, education, ethnicity, political ideology, military control or family. Oligarchy is defined as “government by the few.” It is a form of government characterized by the rule of a few people.
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