Cultural Watch

Get the Word of the Day – plutocracy

(DICTIONARY.COM)

Plutocracy \ ploo-TOK-ruh-see \ noun

DEFFINITION

1. the rule or power of wealth or of the wealthy.
2. a government or state in which the wealthy class rules.

CITATIONS

Two per cent of our people owned 60 per cent of all our wealth, thus causing a condition of extreme plutocracy on the one hand and extreme poverty on the other.
— D. F. Garland, “The City Manager and the Baby,” The Rotarian, March 1916

Source: Get the Word of the Day – plutocracy | Dictionary.com