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Meaning of plutocracy
A system of government where power is held by the wealthy.
Etymology of plutocracy
The word "plutocracy" originates from the Greek words "ploutos" (wealth) and "kratos" (power or rule), with the suffix "-y" added to form a noun.
The term was first used in the 17th century to describe a system of government where power is held by the wealthy, and has since been used to criticize systems where economic inequality and wealth concentration lead to undue influence and control.
Synonyms
oligarchy
aristocracy
autocracy
dictatorship
despotism
tyranny
totalitarianism
authoritarianism
fascism
monarchism
feudalism
capitalism
elitism
classism
inequality
injustice
unfairness
discrimination
oppression
repression
suppression
exploitation
monopolism
cronyism
nepotism
favoritism
corruption
bribery
greed
materialism
wealthism
commercialism
consumerism
imperialism
colonialism
paternalism
militarism
nationalism
extremism
radicalism
fanaticism
dogmatism
absolutism
centralism
bureaucratism
technocratism
meritocratism
theocracy
hierocracy
kleptocracy
timocracy
mobocracy
ochlocracy
demagoguery
caesarism
bonapartism
machiavellianism
absolutism
Definitions
- A state or society governed by the wealthy, or a system where wealth is the primary factor in determining power and influence.
- A government or system in which power is held by the wealthy, often to the detriment of the poorer classes.
- A social and political system in which the wealthy have significant influence and control over the government and economy.
Usage Examples
- The country was criticized for being a plutocracy, where the wealthy elite controlled the government and economy.
- The rise of plutocracy in the city led to increased economic inequality and social unrest.
- The politician argued that the current system was a plutocracy, where the wealthy had too much influence over policy decisions.
Antonyms
democracy
egalitarianism
equalitarianism
socialism
communism
anarchism
libertarianism
populism
republicanism
federalism
confederalism
meritocracy
technocracy
theocracy
matriarchy
patriarchy
gerontocracy
pedocracy
nomocracy
sovereignty
autonomy
self-government
decentralization
direct democracy
participatory democracy
deliberative democracy
representative democracy
constitutional democracy
liberal democracy
social democracy
Christian democracy
Islamic democracy
secular democracy