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Plutocracy refers to the rule or power through wealth or by the wealthy. In a plutocracy, the degree of economic inequality is high while the level of social mobility is low. This can apply to a multitude of government systems, as the key elements of plutocracy transcend and often occur concurrently with the features of those systems. The word plutocracy (Modern Greek: πλουτοκρατία - ploutokratia) itself is derived from the ancient Greek root ploutos, meaning wealth and kratein, meaning to rule or to govern.
We’re not a democracy. It’s a terrible misunderstanding and a slander to the idea of democracy to call us that. In reality, we’re a plutocracy: a government by the wealthy.
Originally posted by jackinthebox
"Better than..." is not good enough. Personally, I'll take anarchy. At least I'd be free to live and die according to my own choices.