Simple Definition of plutocracy
: government by the richest people
: a country that is ruled by the richest people
: a group of very rich people who have a lot of power
Examples of plutocracy
If only the wealthy can afford to run for public office, are we more a plutocracy than a democracy?
corporate greed and America's growing plutocracy
Origin of plutocracy
Greek ploutokratia, from ploutos wealth; akin to Greek plein to sail, float — more at flow
First Known Use: 1652
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