To ancient Greeks, our modern democracy would count as “oligarchy”. The rule of and by the few, as opposed to the power of the people.
The term "oligarch" has become commonplace in the wake of the war in Ukraine, but its roots date all the way back to ancient Greece. Oligarchs are extremely wealthy people who hold a large amount of power in their countries....
The famous journalist Stelios Kouloglou chose the internationally used Greek word "Oligarchy" to present his latest documentary in which he seeks to shed light on the "birth" and spread of the financial crisis, as well as of the role Goldman Sachs...