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Not really. The president (any US president, not just Barack Obama) can be a very powerful person, but he is rarely powerful enough to take over an entire country. An oligarchy refers to a government run by a small group of powerful elites (whether individuals or organizations). Some countries that have such a government are very similar to dictatorships, since the people have little say and less impact on what happens and all decisions are made by the powerful few.
Certain critics of money in American politics (and especially the Citizens United decision by the Supreme Court) have expressed the belief that the US does not really have a democracy these days-- a handful of wealthy billionaire businessmen have excessive influence in our politics. But whether that is true or not, the fact remains that Barack Obama isn't one of them-- he isn't a billionaire and he isn't part of any small group that controls the country's politics. And while many of us are concerned by the trend towards more and more power going to the top 1%, the United States is not quite at the oligarchy level just yet, even if at times it seems that's where we are heading.
Wiki User
∙ 8y ago
Barack Obama served as the President of the United States from 2009 to 2017. While he had significant influence and power, it is not accurate to consider him a part of the oligarchy, which typically refers to a small group of wealthy individuals who control a country's economic and political systems.
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What is a bad thing about an oligarchy?
A bad thing about an oligarchy is that power is concentrated in the hands of a small group of people, leading to potential inequality, limited representation for the broader population, and reduced accountability of those in power.
Who ruled Oligarchy?
In an oligarchy, a small group of individuals, often wealthy or powerful, hold political control. This group can consist of aristocrats, military leaders, or other elite members of society. Decisions and policies in an oligarchy are typically made by this select few rather than the broader population.
What is financial oligarchy?
Financial oligarchy is a system where a small, elite group of individuals or institutions control a large portion of a nation's wealth and influence its economic policies. This concentration of wealth and power can lead to inequality, corruption, and disproportionate influence over government decisions.
How were oligarchy and aristocracy similar?
Oligarchy and aristocracy were similar in that both were forms of government where power was concentrated in the hands of a few individuals or families. In an oligarchy, power was usually held by a small group of wealthy or well-connected individuals, while in an aristocracy, power was typically held by a hereditary ruling class of nobles or elites. Both systems often limited political participation to a privileged few and could lead to inequality and social unrest.
What are the strengths of oligarchy?
Some strengths of oligarchy include efficient decision-making, stability in governance, and the potential for expertise and competence among a select few individuals in power.
Is Obama part of the Islamic takeover?
No. Barak Obama is a Christian!
What part of oligarchy means few?
"oli", derived from 'oligos', the Greek word for 'few'.
What was Corinth's oligarchy?
it was an oligarchy
Did the PLO play a part in funding Obama's Harvard scholarship?
Did the PLO play a part in funding Obama's Harvard scholarship?
A system of government which a small group holds power?
Govern. by smalll group of people...oligarchy.
What types of governments that have been part of Roman history?
Monarchy, oligarchy, limited democracy, dictatorship
Is Brazil a oligarchy?
no brazil is not a oligarchy
What is the country for oligarchy?
what is the country for oligarchy
A form of government in which only a privileged few have the power is called?
An oligarchy is a system of government controlled by a small number of people. These people are often part of a small clan, clique, or organization.
What are the antonyms for oligarchy?
Monoarchy is the antonym of oligarchy.
Is Michelle Obama part Haitian?
Yes, her grandmother is part Haitian
When did Barack Obama live?
I wonder if you left out part of your question. Obama is the current US president.
