Meaning of the word plutocracy in English

What does plutocracy mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

plutocracy

US /pluːˈtɑː.krə.si/
UK /pluːˈtɑː.krə.si/
"plutocracy" picture

Noun

1.

government by the wealthy

Example:
The nation was slowly transforming into a plutocracy, where money dictated policy.
Critics argue that the current system is a disguised plutocracy.
2.

a country or society governed by the wealthy

Example:
Many fear that the nation is becoming a true plutocracy, ignoring the needs of the poor.
The novel depicted a dystopian future where the world was run by a global plutocracy.
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