What happens to society in an oligarchy?

In an oligarchy, power is concentrated in the hands of a small, elite group of individuals or families, typically defined by their wealth, social status, or political influence. This concentration of authority often leads to a significant divide between the wealthy elite and the broader population, which can include both the middle class and the impoverished. As the elites make decisions that primarily benefit themselves, societal inequality is exacerbated, resulting in a clear demarcation between those who have and those who do not.

This dynamic can severely limit social mobility and perpetuate cycles of poverty, as resources and opportunities become more accessible to the privileged few. In contrast, the interests of the impoverished majority may be overlooked or actively suppressed, leading to social and economic disparities.

While other forms of governance might prioritize equality, military strength, or intellectual pursuits, an oligarchy distinctly shifts the focus towards the priorities and interests of the ruling elite, contributing to the societal split between the affluent and the less fortunate. This understanding emphasizes the inherent challenges and inequalities that can arise within such political systems.