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In some places, one can find both oligarchy and aristocracy being practiced. If you liked this clip of The Thom Hartmann Program, please do us a big favor and share it with your friends.Aristocrats are not connected to royal families through blood, but they are second in the social hierarchy.Oligarchy is the rule of the few in a generic way whereas aristocracy is a form of governance where administration or power is in the hands of a special class of people having privileges.What is the difference between Aristocracy and Oligarchy? Oligarchy should not be confused with monarchy as privileged people in oligarchy need not have the blue blood as is necessary in monarchies.

In an oligarchy, there are the chosen few who are in charge of administration and these people are there either because of having been born in a certain class or because they have wealth or control the resources. The society is divided between the rich and the poor, and the rich are entrusted with the power to rule the people. Oligarchy is the rule of the chosen few, and these chosen few happen to be the rich and the privileged in Oligarchy. Whether or not aristocracy is superior to other forms of governance may be debatable but the fact that aristocrats belonged to upper class of the society is confirmed. These people belonging to upper class formed the government that was also considered the best and the most able government. They enjoyed powers and privileges that were not available to the common people. These people belonged to upper class and were referred to as aristocrats. The term came into prominence in the context of ancient Greece where a class of eminent citizens was deemed best qualified to rule the people. This is why both Aristotle and Plato considered aristocracy to be the best type of governance. Let us take a closer look.Īristocracy comes from Aristokratia, a Greek word meaning rule of the best. In a plutocracy, the wealthy rule, but not always by being the elected leaders of the government. The group is chosen because of favorable factors such as military capability, wealth, race, political connections, religion, and education. Depending upon circumstances, there can be both oligarchy and aristocracy in place in a country. An oligarchy is a system of government in which a small group runs the government. But before we can take a plunge into these concepts, it is necessary to know the differences between aristocracy and oligarchy that confuse many because of their similarities. As nouns the difference between oligarchy and plutocracy is that oligarchy is a government run by only a few, often the wealthy while plutocracy is government by the wealthy. He also believed that oligarchy resulted with degeneration of aristocracy. He believed aristocracy to be the best form of governance with tyranny being the worst. The other forms of government discussed by him are Timocracy, democracy, and tyranny. Oligarchy and aristocracy are classical regimes or forms of government discussed by Plato, the Greek philosopher.