plutocracy – מילון אנגלי-אנגלי
plutocracy
n.
government controlled by wealthy people; aristocracy, position of the wealthy classes
Plutocracy
Plutocracy or
plutarchy, is a form of
oligarchy and defines a society ruled or controlled by the small minority of the wealthiest citizens. The first known use of the term was in 1652. Unlike systems such as
democracy,
capitalism,
socialism or
anarchism, plutocracy is not rooted in an established
political philosophy. The concept of plutocracy may be advocated by the wealthy classes of a society in an indirect or surreptitious fashion, though the term itself is almost always used in a
pejorative sense.
plutocracy
Noun
1. a political system governed by the wealthy people
(hypernym) political system, form of government
Plutocracy
(n.)
A form of government in which the supreme power is lodged in the hands of the wealthy classes; government by the rich; also, a controlling or influential class of rich men.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
About
plutocracy
Rulership by the wealthy or elite
