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Word of the Day
Friday, September 23, 2016

Definitions for plutocracy

  1. the rule or power of wealth or of the wealthy.
  2. a government or state in which the wealthy class rules.
  3. a class or group ruling, or exercising power or influence, by virtue of its wealth.

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Citations for plutocracy
Two per cent of our people owned 60 per cent of all our wealth, thus causing a condition of extreme plutocracy on the one hand and extreme poverty on the other. D. F. Garland, "The City Manager and the Baby," The Rotarian, March 1916
In the heart of a plutocracy tradesmen become cunning enough to be more fastidious than their customers. They positively create difficulties so that their wealthy and weary clients may spend the money and diplomacy overcoming them. G. K. Chesterton, "The Queer Feet," The Innocence of Father Brown, 1911
Origin of plutocracy
1645-1655
Plutocracy finds its origins in the Greek words ploûtos meaning "wealth" and krátos meaning "rule, strength, might." It entered English in the mid-1600s.