noun
- plural of plutocracy; governments or societies controlled by wealthy people
Usage: political science
Examples
- Many critics argue that modern democracies are becoming plutocracies.
- Historical plutocracies often excluded the poor from political participation.
- The rise of corporate influence has led some to fear emerging plutocracies.
- Ancient city-states sometimes developed into plutocracies over time.
- Economists study how plutocracies affect income inequality.
- Political reformers work to prevent democracies from becoming plutocracies.