Definition of Plutocracy
What is a plutocracy? What is the definition of the term plutocracy?
A plutocracy is a government in which the wealthy people rule.
The word plutocracy comes from the Greek words "ploutos" and "kratos", which mean "wealth" and "to govern" respectively.

One example - a wealthy donor being rewarded for his support with a government appointment. Another example - a wealthy donor gaining an important political concession thanks to his ties to a bought politician.
In both cases, a person's wealth translated directly into power.
Wealthy citizens will often contribute heavily to political action groups and other organizations in order to help swing elections and initiatives in their favour.
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