It’d had more generations in which to form an oligarchy of respectability.
It is the Harry Haydocks, the Dave Dyers, the Jackson Elders, small busy men crushingly powerful in their common purpose, viewing themselves as men of the world but keeping themselves men of the cash-register and the comic film, who make the town a sterile oligarchy.
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Many political theorists believe there is an iron law of oligarchy that all forms of organization will eventually develop tendencies to be ruled by the few.
This is, without discussion, the earliest-known occasion on which the Oligarchy was so designated.