![]() Then the plutocrats are allowed to legally bribe politicians in form of campaign contributions so that they can screw the rest of us. ![]() We’re such an exceptional nation that the poor, working poor and the middle class workers pay the taxes that plutocrats don’t pay. The 'green dream (or whatever)' is thus eminently realizable." "There is no conflict between climate mitigation and economic growth, only between the interests of reactionary plutocrats and those of the general public. This creates the illusion that those systems work. Meanwhile those who've been crushed by existing systems are voiceless. Part of the problem is that the most influential voices are people for whom the status quo has worked out well. It usually implies that such people run governments that are corrupt and oppressive. Plutocrat is almost always used in a critical way. The term plutocrat can refer to a person who’s a part of a plutocracy in any of the senses of the word.Įxample: Average citizens are angry because they believe billionaires have turned the government into a plutocracy to benefit themselves and their fellow plutocrats. It can also refer to the wealthy class that is using wealth to rule, as in The businessman was accused of being a member of the plutocracy. Plutocracy can also refer to the power that this kind of wealth can allow, as in His latest column explains his belief that the government has been corrupted by plutocracy. in the late 19th century produced a group of enormously wealthy. those in power are elected to (or tolerated in) positions of governance purely as a result of. Again this can be an official state of affairs, i.e. In the simplest terms, plutocracy means that those with the wealth and riches hold the power. Plutocrat is used in the same way.Ī country that is thought to have a plutocratic government can also be referred to as a plutocracy, as in Many outsiders saw the nation as an oppressive plutocracy. (n. So a plutocracy governs or wields power through its money. A common definition of a plutocracy is ‘a society that is governed by the wealthiest of its members’. It is frequently used as a way of pointing out inequality and the powerful influence of the wealthy in politics and government. ![]() Plutocracy is never used as an official term for a form of government (like democracy is, for example)-it’s almost always applied as a criticism of such situations. In a plutocracy, the plutocrats may be the actual leaders, or they may influence or control the decisions that the leaders make. A plutocrat is a wealthy person who rules or influences leaders in a plutocracy-a government in which wealthy people use their wealth to rule.
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