Plutocracy
Pronunciation: /ˈpɫutoʊˈsiˈɹeɪsi/
Plutocracy (noun)
- A system where very wealthy people control politics and public decisions, mainly to protect their own interests.
- A society or state in which money and wealth give people the most influence over laws, leaders, and resources.
Examples
- The country suffers from rule by rich.
- Rule by rich can limit fair opportunities for everyone.