Definition, Meaning & Synonyms
plutocracy
Noun
/pluːˈtɒk.rə.si/
Definition
Plutocracy refers to a society or system of governance where power is held by the wealthy.
Examples
- Some critics argue that the current political climate resembles a plutocracy, where money determines the outcome of elections.
- The influence of billionaires in politics has led many to call attention to the dangers of plutocracy.
Meaning
In a plutocracy, the rich have significant influence over decision-making processes, often prioritizing their interests over those of the general population.
Synonyms
- Oligarchy
- Aristocracy
- Meritocracy (in some contexts)
