Definition, Meaning & Synonyms

timocracy

noun

/taɪˈmɒkrəsi/

Definition

A form of government in which the ruling power is based on property ownership or wealth.

Examples

In a timocracy, wealth directly influences political power.
Some ancient Greek city-states practiced forms of timocracy, where property owners had the right to vote and hold office.
The concept of timocracy raises questions about equality in governance.

Meaning

Timocracy emphasizes the moral and political rights of property owners, suggesting that those who possess more wealth have greater authority in the political system.