Plutocracy

The subject of plutocracy encompasses a wide range of important elements. Plutocracy - Wikipedia. A plutocracy (from Ancient Greek πλοῦτος (ploûtos) 'wealth' and κράτος (krátos) 'power') or plutarchy is a society that is ruled or controlled by people of great wealth or income. Plutocracy vs Oligarchy: Similarities and Differences.

Plutocracy and oligarchy refer to power structures where a small group controls everything. Whereas a plutocracy is defined as a system where a small group of wealthy people hold power, an oligarchy is defined as a system where a small group holds power, regardless of how they’ve amassed it. Definition, Meaning, and Example Countries. A plutocracy is a type of government that effectively allows only wealthy people to rule, which can result in policies exclusively designed to assist the wealthy.

Such a dynamic is reflected in... PLUTOCRACY Definition & Meaning - Merriam-Webster. So a plutocracy governs or wields power through its money.

Additionally, the economic growth in the U.S. in the late 19th century produced a group of enormously wealthy plutocrats. Definition and Examples - ThoughtCo.

Plutocracy describes a recognized type of government, such as democracy, communism, or monarchy, that either intentionally or by circumstance allows the wealthy to control most political and economic aspects of the society. PLUTOCRACY Definition & Meaning | Dictionary.com. This perspective suggests that, plutocracy is a term for a government in which wealthy people use their wealth to rule.This can mean that wealthy people are the actual leaders, or that they influence or control the decisions that the leaders make.

This perspective suggests that, plutocracy: Explanation and Examples - Philosophy Terms. Plutocracy means ‘rule by the wealthy.’. In relation to this, it’s when a small group consisting of the wealthiest people in a society rule by virtue of their wealth. Plutocracy is a self-reinforcing system.