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plutocracy
/pluˈtɑːkrəsi/
US
UK
noun
plural -cies
[noncount] :government by the richest people
a
trend
toward
plutocracy
[count] :a country that is ruled by the richest people
If
only
the
wealthy
can
afford
to
run
for
public
office
,
are
we
more
a
plutocracy
than
a
democracy
?
[count] :a group of very rich people who have a lot of power
corporate
greed
and
America's
growing
plutocracy