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English
Etymology
Blend of control + oligarch, coined by Seamus Bruner in 2023.
Noun
controligarch (plural controligarchs)
- (economics, neologism) An oligarch who has a desire to control people's individual lives.
2023 December 9, Lee Harding, “Book calls farmland buyer Bill Gates 'Controligarch'”, in Western Standard:“It should come as no surprise that while the peasants are expected to eat fermented fungi, lab-grown meats and maggot milkshakes, the Controligarchs — with their private chefs — have no intention of doing the same,” Bruner writes.
2024 April 22, “BOOK REVIEW: Controligarchs”, in TheGeoPolity:Bruner asks if the current global financial system, which is built upon an exchange network of national currencies backed by their respective governments, seems to work well. Why would one central entity need to control currency? The reason, as with many other Controligarch schemes, is that a centralised digital currency also is put forward as the solution to many nonfinancial problems— from climate change to cyberattacks to the rise of so-called disinformation.