noun
- a government or society controlled by the wealthy
- a ruling class of wealthy people
Examples
- Critics argued that the country had become a plutocracy where only the rich could afford to run for office.
- The ancient city-state was essentially a plutocracy ruled by merchant families.
- Many voters felt that their democracy was turning into a plutocracy.
- The plutocracy used their wealth to influence political decisions.
- Reformers sought to prevent the emergence of a plutocracy through campaign finance laws.
- The novel depicted a future plutocracy where money determined everything.
- Some economists warned that growing inequality could lead to plutocracy.