Aristotle pioneered the use of the term as meaning rule by the rich, for which another term commonly used today is plutocracy. In the early 20th century Robert Michels developed the theory that democracies, as all large organizations, have a tendency to turn into oligarchies.
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North Korea was were the Soviet Union turned the area Communism while South Korea went to the U.S to turn into Capitalism.
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After the Siege of Jerusalem (70 CE), hundreds of thousands of Jews were taken as slaves to Rome, where they later immigrated to other European lands. The Jews who immigrated to Iberia, and their descendants comprise the Sephardic Jews, while those who immigrated to the German Rhineland and France comprise the Ashkenazi Jews. European Jews were specialized within the economy as artisans, merchants, and money-lenders.
Collectives, command economy, basic health care benefits, and price controls