Business oligarch

Template:Short description A business oligarch is generally a business magnate who controls sufficient resources to influence national politics.<ref>Template:Cite journal</ref><ref name=Chern2018>Template:Cite journal</ref> A business leader can be considered an oligarch if some of the following conditions are satisfied:

1. uses monopolistic tactics to dominate an industry;
2. possesses sufficient political power to promote their own interests, often exacerbating income inequality and corruption, particularly through policies that benefit the elite at the expense of the majority.
3. controls multiple businesses, which intensively coordinate their activities.<ref name=Chern2018></ref>

More generally, an oligarch (Template:Etymology) is a "member of an oligarchy; a person who is part of a small group holding power in a state".<ref>Template:Cite OED</ref>

See also

• Gilded Age
• Russian oligarchs
• Ukrainian oligarchs
• Billionaire
• Oligarchy
• Tai-pan
• Chaebol
• Zaibatsu
• Plutocracy
• Capitalist (disambiguation)

References

<references />

Template:Business-stub