Plutocracy
Nounधनिक तंत्र, अमीरों का शासन
Definition
A form of government in which the wealthy class holds supreme power; a state ruled by the rich.
Contextual Sentence: "Critics warn that unregulated campaign financing is converting competitive democracies into covert plutocracies."
💡 Memory Hook (Mnemonic): PLUTO-CRACY: PLUTO = wealth (Greek god of wealth) + CRACY = rule — rule by the wealthy.
Synonyms
Oligarchy
Money-rule
Capitalocracy
Timocracy (variant)
Antonyms
Democracy
Meritocracy
Egalitarianism