New Pathways to Oligarchy: Towards a theory of oligarchic democracy Amiya Kumar Bagchi

In this paper the author argues that as recorded history has shown, any republican government could end up as an oligarchy. In addition to giving a detailed exposition of the various strands in the analysis of oligarchy, the author contends that the Indian experience will add new chapters to the emerging corpus of work on oligarchic democracy.

oligarchic_democracy (Download the full text in PDF format)