With a special thanks to Elise for proposing this word.
And yet again, I failed to do what I told myself to do but since that is just everyday life for me, I won't feel bad about it, merely a wee bit disappointed. Earlier this week I visited the small town -or part of a city or whatever people want to call it- of Oegstgeest. Going to a museum shaped like an enormous person seemed like entertaining and educational enough but nothing was further from the truth. Sure thing, we had loads of fun going through it and all, it was just a little bit childish yet not suitable for small kids.
Later that day, I went to drink sth in Utrecht which was already a huge improvement only to end up going to the movies with my friends, and last but not least warming my hands (yes warming) to a shake from the MacDonald's. I still can't believe my hands and the outdoor air was colder than that freshly made ice cold shake, but since we have now officially started winter -though I look outside to see the sun shining without any cloud in the sky- it's about 8 degrees Celcius below zero. Great.
Anyway, to actually start talking about the word of the day, one of my friends -whose Bday was only yesterday so congratz again on turning 19!- suggested the word oligopolyto be the next on my alphabet list. Oligopoly, a word which I have learned in high school always managed to pronounce the way it shouldn't. Blaming the Dutch version which has the emphasis on the o and po (like o-li-go-po-li), I never quite understood why anyone would pronounce it like oli-gop-uh-li. This is of course the same with um-ge-bung instead of um-ge-bung in German and de-ve-lop instead of de-ve-lop but those two were only "childhood" speaking...
So, oligopoly, what does it actually mean? Once I had known and I only remembered the small fact that it had something to do with one of the subjects I dropped as soon as I could which could mean either history or economics. Since my economics wasn't in English as far as I can recall, it would have to have been history. Ah history, one of my former favourite subjects when it came to the lessons, and one of the worst ones when it came to actual studying, doing homework and making tests. Of course I'm devagating at the moment but I only use this digression of already four paragraphs because I honestly believe that the meaning of the word doesn't actually mean anything to me. It's a fun word with a boring definition, that's all.
The only fun or nice part of oligopoly is the name itself and the fact that it comes from the Greek ὀλίγοι -meaning 'few'- and πωλεῖν -meaning 'to sell'- and therefore having the definition of "a state of limited competition, in which a market is shared by a small number of producers or sellers". In short terms, many people buying and a few people sellers, making it a form of imperfect competition. The decisions of one seller automatically influences the market and therefore the other sellers. Apparently this is not good but since I'm not really an expert on these things, I'll leave it at this.
For me this word has always been one with a foolish pronunciation, and it will never be more than that. Thanks for reading and until the next letter ;)