What is the role of the ruling elite in an oligarchy?

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What is the role of the ruling elite in an oligarchy?

In an oligarchy, the ruling elite plays a crucial role in governing and maintaining power. They are a small group of individuals who possess significant wealth, influence, and political power, allowing them to control and shape the political and economic landscape of the society.

The primary role of the ruling elite in an oligarchy is to make decisions and policies that benefit their own interests and maintain their privileged position. They often use their power to accumulate wealth, control resources, and manipulate the political system to ensure their continued dominance. This can include implementing policies that favor their businesses or industries, granting themselves special privileges, and suppressing dissent or opposition.

Additionally, the ruling elite in an oligarchy typically holds key positions in government, such as high-ranking officials, legislators, or members of influential political parties. They use these positions to consolidate their power, influence policy-making processes, and ensure that their interests are prioritized over those of the general population.

Furthermore, the ruling elite in an oligarchy often forms alliances and networks among themselves to further strengthen their control. They may engage in patronage systems, where they provide favors, resources, or positions of power to individuals or groups who support their rule. This helps to maintain loyalty and ensure a united front against any potential threats to their authority.

Overall, the role of the ruling elite in an oligarchy is to safeguard their own interests, maintain their power and wealth, and perpetuate their dominance over the political and economic systems. Their decisions and actions are primarily driven by self-interest rather than the welfare of the broader population, leading to significant inequalities and limited political participation for the majority of citizens.