Plutocracy: Difference between revisions
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'''Plutocracy''' is a government controlled exclusively by the wealthy, either directly or indirectly. A plutocracy allows, either openly or by circumstance, only the wealthy to rule. This can then result in policies exclusively designed to assist the wealthy, which is reflected in its | '''Plutocracy''' is a government controlled exclusively by the wealthy, either directly or indirectly. A plutocracy allows, either openly or by circumstance, only the wealthy to rule. This can then result in policies exclusively designed to assist the wealthy, which is reflected in its name, the [[Greek]] words "ploutos" and "kratos" translate to wealthy and power or ruling, respectively, in English. | ||
[[Category:Definitions]] | [[Category:Definitions]] | ||
Latest revision as of 10:53, 11 October 2022
Plutocracy is a government controlled exclusively by the wealthy, either directly or indirectly. A plutocracy allows, either openly or by circumstance, only the wealthy to rule. This can then result in policies exclusively designed to assist the wealthy, which is reflected in its name, the Greek words "ploutos" and "kratos" translate to wealthy and power or ruling, respectively, in English.