0 a society whose leaders make themselves rich and powerful by stealing from the rest of the people:
This was not a democracy; it was a kleptocracy.
One consequence is an increase in exploitation or exclusion, albeit akin to kleptocracy.
We contrast these circumstances with institutional arrangements in which the incentives facing the leader are compatible with corruption, kleptocracy and other forms of inefficient governance.
Kleptocracy can take different forms depending on the degree to which it is centralised.
This is very hard to achieve when many of the governments are socialist or quasi-socialist or simply kleptocracies.
The country is largely run by a kleptocracy.
It was a kleptocracy which was ripping millions of rupees away from the public exchequer.
I am afraid that it is very obvious where that money is going; it is being picked from the pockets of the poor by the kleptocracy that runs that country.
A state of unrestrained political corruption is known as a kleptocracy, literally meaning rule by thieves.
