Iron Rule of Oligarchy

Definition

The Iron Rule of Oligarchy is a theory that suggests all forms of organization, regardless of how democratic they are at the start, will eventually develop oligarchic tendencies. This means that the leadership or decision-making powers in an organization become concentrated in the hands of a few individuals.

Related terms

Oligarchy:

A form of power structure where power effectively rests with a small number of people.

Democracy:

A system of government by the whole population or all the eligible members of a state, typically through elected representatives.

Bureaucracy:

An organizational structure that is characterized by many rules, standardized processes, procedures and requirements, division of responsibility, and hierarchical structure designed to streamline administration