| | Currently, the central authority of [[Communist China]] is concentrated in the [[Politburo]] Standing Committee composed of 7-members, of the [[Communist Party of China]]. | | Currently, the central authority of [[Communist China]] is concentrated in the [[Politburo]] Standing Committee composed of 7-members, of the [[Communist Party of China]]. |
| − | ''[[Forbes]]'' magazine suggested that after the collapse of the [[Soviet Union]], the [[Russian Federation]] under [[Yeltsin]] was ruled by [[international]] oligarchs. [[Vladimir Putin]]'s rise to [[populist]] power in [[Russia]] came about by limiting the [[political]] influence of oligarchs whom many perceived as looting the country and [[export]]ing its [[capital]] to foreign banks in [[the West]]. [[Domestic]] oligarchs are allowed to operate and keep their wealth so long as they refrain from exercising undue influence in politics by [[lobbying]] and [[bribe]]s. International [[financial]] publications such as ''Forbes'' have been very critical of Putin.<ref>[[Russian sanctions]] have effectively backfired, kicking out the power and influence of [[international]] oligarchs such as [[Mikhail Khodorkovsky]], [[Bill Browder]], and [[Gary Kasparov]] whom many Russians perceive as looting the country. [https://www.npr.org/sections/money/2022/03/29/1088886554/how-putin-conquered-russias-oligarchy How Putin Conquered Russia's Oligarchy], Greg Rosalsky, [[NPR]], March 29, 2022. Many Russians are thankful for Western [[economic sanctions]] because now the [[profit]]s from [[business]] remain in the country to create more jobs and economic development.</ref> | + | ''[[Forbes]]'' magazine suggested that after the collapse of the [[Soviet Union]], the [[Russian Federation]] under [[Yeltsin]] was ruled by [[international]] oligarchs. [[Vladimir Putin]]'s rise to [[populist]] power in [[Russia]] came about by limiting the [[political]] influence of oligarchs whom many perceived as looting the country and [[export]]ing its [[capital]] wealth to [[foreign]] [[bank]]s in [[the West]]. [[Domestic]] oligarchs are allowed to operate and keep their wealth so long as they refrain from exercising undue influence in politics by [[lobbying]] and [[bribe]]s. International [[financial]] publications such as ''Forbes'' have been very critical of Putin.<ref>[[Russian sanctions]] have effectively backfired, kicking out the power and influence of [[international]] oligarchs such as [[Mikhail Khodorkovsky]], [[Bill Browder]], and [[Gary Kasparov]] whom many Russians perceive as looting the country. [https://www.npr.org/sections/money/2022/03/29/1088886554/how-putin-conquered-russias-oligarchy How Putin Conquered Russia's Oligarchy], Greg Rosalsky, [[NPR]], March 29, 2022. Many Russians are thankful for Western [[economic sanctions]] because now the [[profit]]s from [[business]] remain in the country to create more jobs and economic development.</ref> |
| | Ancient [[Sparta]], for instance, was run by an oligarchy. | | Ancient [[Sparta]], for instance, was run by an oligarchy. |