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plutocracy

Line breaks: plu|toc¦racy
Pronunciation: /pluːˈtɒkrəsi
 
/

Definition of plutocracy in English:

noun (plural plutocracies)

[mass noun]
1Government by the wealthy: the attack on the Bank of England was a gesture against the very symbol of plutocracy
More example sentences
  • It would replace democracy with plutocracy, letting the wealthy and big business make laws in their own interests.
  • The danger is that plutocracy will prevail over democracy, that the free market will rule over the free citizen.
  • Anti-immigrant hatred, urban violence, democracy subverted by plutocracy - these are not, the film shows, new developments.
1.1 [count noun] A state or society governed by the wealthy: no one can accept public policies which turn a democracy into a plutocracy
More example sentences
  • Today, more than ever, it resembles a plutocracy, a society governed by a handful of enormously wealthy individuals.
  • The country today is a plutocracy, a society run in the interests of billionaires and millionaires.
  • It is a plutocracy, not a democracy.
1.2 [count noun] An elite or ruling class whose power derives from their wealth: officials were drawn from the new plutocracy
More example sentences
  • Right now we have a small elite plutocracy and a whole lot of peasants - no wonder the current system is rotting from the inside. No free society can exist without a strong middle class.
  • In the end, the financial plutocracy handpicked the president.
  • A century ago the city was a playground for the New York plutocracy.

Origin

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

Derivatives

plutocratic

1
Pronunciation: /pluːtəˈkratɪk/
adjective
Example sentences
  • Democratic trade unions are more representative of society than the plutocratic command structures of private corporations.
  • Others married into the financial wealth of the City of London, allying the status of land with the new plutocratic wealth of finance.
  • And when we consider the nation's current plutocratic and imperial trajectory, the prospects grow even more dim.

plutocratically

2
Pronunciation: /pluːtəˈkratɪk(ə)li/
adverb
Example sentences
  • The only yachts permitted into the marina are those belonging to guests or the island's owner, a billionaire German industrialist so plutocratically wealthy and security-minded that he demands complete anonymity.
  • Indeed, especially when the new millennium arrived, it became clear that the Empire builders took great strides towards playing the role of plutocratically organized dictators in a not yet quite solidified globalizing Empire.

Definition of plutocracy in:

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