From Wikipedia: Plutocracy (from Greek πλοῦτος, ploutos, meaning "wealth", and κράτος, kratos, meaning "power, dominion, rule"), also known as plutonomy or plutarchy, is rule by the wealthy. Its first known use was in 1652.[1] Unlike systems such as democracy or anarchism, plutocracy is not rooted in an established political philosophy
and has no formal advocates. The concept of plutocracy may be advocated
by the wealthy classes of a society in an indirect or surreptitious
fashion, though the term itself is almost always used in a pejorative sense.
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