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The term plutocracy is generally used as a pejorative to describe or warn against an undesirable condition. [3] [4] Throughout history, political thinkers and philosophers have condemned plutocrats for ignoring their social responsibilities, using their power to serve their own purposes and thereby increasing poverty and nurturing class conflict and corrupting societies with greed and hedonism.
Meritocracy (merit, from Latin mereō, and -cracy, from Ancient Greek κράτος kratos 'strength, power') is the notion of a political system in which economic goods or political power are vested in individual people based on ability and talent, rather than wealth or social class. [1]
For instance, Singapore has a political system that favors meritocracy; the path to government in Singapore is structured in such a way that only those with above-average skills are identified with strict university-entrance exams, recruiting processes, etc., and then rigorously trained to be able to devise best the solutions that benefit the ...
Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
The upcoming year might show whether America really fits the above definition or is even a plutocracy, but I suspect this all simply reaffirms the nature of government. We should just accept H.L ...
The first published English grammar was a Pamphlet for Grammar of 1586, written by William Bullokar with the stated goal of demonstrating that English was just as rule-based as Latin. Bullokar's grammar was faithfully modeled on William Lily's Latin grammar, Rudimenta Grammatices (1534), used in English schools at that time, having been ...
One week after the death of Lou Carnesecca, Rick Pitino found the perfect way to honor the legendary St. John’s men’s basketball coach.. Pitino had his tailor create a replica of the iconic ...
By Brendan Pierson (Reuters) -Idaho can enforce a first-of-its-kind "abortion trafficking" law against those who harbor or transport a minor to get an abortion out of state without parental ...