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A plutocracy (from Ancient Greek πλοῦτος (ploûtos) 'wealth', and κράτος (krátos) 'power') or plutarchy is a society that is ruled or controlled by people of great wealth or income. The first known use of the term in English dates from 1631. [1]
7 Jun 2024 · A plutocracy is a system of rule by the wealthy, directly or indirectly. Indirectly, plutocracy can take the form of regulatory frameworks and programs designed to benefit only...
10 Feb 2021 · Plutocracy is a term describing a society governed either directly or indirectly by extremely wealthy people. A common characteristic of plutocracy is the frequent enactment of government policies that benefit the wealthy, often at the expense of the lower classes.
Plutocracy means ‘rule by the wealthy.’. It’s when a small group consisting of the wealthiest people in a society rule by virtue of their wealth. Plutocracy is a self-reinforcing system. That is, once a group of wealthy people are in charge, they can use their wealth and political power to change the rules (laws and systems) to make sure ...
The meaning of PLUTOCRACY is government by the wealthy. How to use plutocracy in a sentence. Did you know?
9 Jun 2021 · That made sense, given the relative strength of the U.S. economy at the end of the war, but it nonetheless put partnerships such as Brown Brothers and an entire class of financiers along with the...
27 Jun 2018 · plu·toc·ra·cy / ploōˈtäkrəsē / • n. (pl. -cies) government by the wealthy. ∎ a country or society governed in this way. ∎ an elite or ruling class of people whose power derives from their wealth.
