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plutocracy

Pronunciation: /pluːˈtɒkrəsi/
Definition of plutocracy

noun (plural plutocracies)

[mass noun]
  • government by the wealthy: the attack on the Bank of England was a gesture against the very symbol of plutocracy
  • [count noun] a state or society governed by the wealthy: no one can accept public policies which turn a democracy into a plutocracy
  • [count noun] an elite or ruling class whose power derives from their wealth: officials were drawn from the new plutocracy

Derivatives

plutocratic

Pronunciation: /pluːtəˈkratɪk/
adjective

plutocratically

adverb

Origin:

mid 17th century: from Greek ploutokratia, from ploutos 'wealth' + kratos 'strength, authority'

plutocracy in other Oxford dictionaries

Definition of plutocracy in the US English dictionary