Kleptonomy
kleptonomy is a system of capitalism where the rich steal from the middle cl-ss and the poor and call this a good thing. to achieve kleptonomy, taxes are cut and social programs eliminated. also, a kleptocracy is firmly established with the rich, to whom being rich requires any means necessary to am-ss additional wealth. enough is never enough.
similar to kleptocracy, which is a government or state in which those in power exploit national resources and steal; rule by a thief or thieves. (dictionary.com unabridged
based on the random house dictionary, © random house, inc. 2011. )
our governor is espousing a kleptonomy by taxing the pensions of state retirees in order to balance the state budget, decreasing money for education and the poor, and providing tax cuts for the rich.
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