Plutocracy
[ploo-tok-ruh-see] /pluˈtɒk rə si/
noun, plural plutocracies.
1.
the rule or power of wealth or of the wealthy.
2.
a government or state in which the wealthy class rules.
3.
a class or group ruling, or exercising power or influence, by virtue of its wealth.
/pluːˈtɒkrəsɪ/
noun (pl) -cies
1.
the rule or control of society by the wealthy
2.
a state or government characterized by the rule of the wealthy
3.
a class that exercises power by virtue of its wealth
n.
1650s, from Greek ploutokratia “rule or power of the wealthy or of wealth,” from ploutos “wealth” (see Pluto) + -kratia “rule” (see -cracy). Synonym plutarchy is slightly older (1640s). Pluto-democracy “plutocracy masquerading as democracy” is from 1895.
plutocracy [(plooh-tok-ruh-see)]
Government by the rich. The term is usually one of reproach.
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