plutocracies

Governments by millionaires

Plutocracies is the plural of plutocracy—government by the wealthy, or a state where the rich hold power.

The term implies that money determines political influence more than votes or merit: Critics argue that campaign finance laws have turned democracies into plutocracies.

The word can describe both formal systems and informal realities where wealth buys access and policy.

governance

oligarchy

Rule by few

cronyism · nepotism · patronage · kleptocracy · technocracy · autocracy · corporatocracy

historical

robber-barons

Exploitative industrial tycoons

patricians · boyars · chaebols · monopolies · trusts · cartels

critique

inequality

Unequal distribution of resources

muckrakers · socialism · anarchism · revolution · guillotine · pitchforks · solidarity

modern

billionaires

People with vast fortunes

deregulation · neoliberalism · globalization · financialization

Opposites
basis of political power

plutocraciesmeritocracies

Systems rewarding ability

democracies · direct democracies · technocracies · theocracies · aristocracies

economic equality in governance

plutocraciessocialist states

Collectively owned nation systems

worker cooperatives · social democracies · welfare states · direct democracies

Family

plutocracy, plutocrat, plutocrats, plutocratic

Familiarity
Top 1,000,000
Profile
Used worldwide · Timeless · Abstract · Negative · Rated G