plutocracy
plu
plu:
ploo
toc
ˈtɑ:k
taak
ra
cy
si
si
British pronunciation
/pluːtˈɒkɹəsi/

Definition & Meaning of "plutocracy"in English

Plutocracy
01

a form of government or society in which power is held and influenced primarily by the wealthy or a small privileged class

Wiki
example
Examples
Critics argue that the country 's political system has evolved into a plutocracy, where economic elites wield disproportionate influence over government policies.
The history of the nation is marked by periods of plutocracy, with wealthy industrialists shaping economic policies to their advantage.
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