OXFORD 9000
📚 noun • entry_id 27311

plutocracy

/pluːˈtɒkɹəsi/
Meanings (ES + gloss)
plutocracia
Government by the wealthy.
Modernity is not democracy; machinery is not democracy; the surrender of everything to trade and commerce is not democracy. Capitalism is not democracy; and is admittedly, by trend…
Plutocracy, which is virtually supreme to-day, is to be no less condemned ; for it is not only not just, bit is nearly as detrimental to the race at large as absolute socialism wou…