Definitions for Plutocracypluˈtɒk rə si
This page provides all possible meanings and translations of the word Plutocracy
a political system governed by the wealthy people
Government by the wealthy.
A controlling class of the wealthy.
a form of government in which the supreme power is lodged in the hands of the wealthy classes; government by the rich; also, a controlling or influential class of rich men
Origin: [Gr. ploutokrati`a; plou^tos wealth + kratei^n to be strong, to rule, fr. krato`s strength: cf. F. plutocratie.]
Plutocracy, also known as plutonomy or plutarchy, is rule by the wealthy. Its first known use was in 1652. Unlike systems such as democracy or anarchism, plutocracy is not rooted in an established political philosophy and has no formal advocates. The concept of plutocracy may be advocated by the wealthy classes of a society in an indirect or surreptitious fashion, though the term itself is almost always used in a pejorative sense.
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