but the term itself just means a small privileged ruling class hold all the power.

Jesus Christ you keep doing this. Do you not see how rude it is to talk like you do on something you clearly dont understand?

If that were the definition, then every representative type of government would be an aristrocracy. It would make the definition completely redundant, because it would just describe “representative government” which we already have a descriptor for. Fuck you people. Thicker than bricks and the ego of a 40’s physicist.