A new scientific study from Princeton researchers Martin Gilens and Benjamin I. Page
has finally put some science behind the recently popular argument that the
United States isn't a democracy any more. And they've found that in fact,
America is basically an oligarchy.
An oligarchy is a system where power is
effectively wielded by a small number of individuals defined by their status
called oligarchs. Members of the oligarchy are the rich, the well connected and
the politically powerful, as well as particularly well placed individuals in
institutions like banking and finance or the military.