0 a system of government in which the richest people in a country rule or have power: --
It's time we put an end to plutocracy.
1 the richest people in a country who have power in it --
The cost of political campaigning in representative democracies favors the rich, a form of plutocracy where only a very small number of individuals can actually affect government policy.
Executive power and patronage have been used to corrupt our legislatures and defeat the will of the people, and plutocracy has thereby been enthroned upon the ruins of democracy.
Elitists tend to favor systems such as meritocracy, technocracy and plutocracy as opposed to radical democracy, political egalitarianism and populism.
Although aristocratic values permeated traditional elite society, a strong tendency toward plutocracy is indicated by the wealth requirements for census rank.
He warned that the proper balance between private and public enterprise is menaced by socialism, on the one hand, and by plutocracy, on the other.
The exploiters referred to in the stated goals of the committee were capitalists and political allies of what was called plutocracy.
I do not see much plutocracy there.
The real argument is about those children who, given the economic forces involved, will want to go out into the market to earn money and join the happy teenage plutocracy.