Search results
Results from the WOW.Com Content Network
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.
Plutonomy (from Ancient Greek πλοῦτος (ploûtos) 'wealth' and νόμος (nómos) 'law'; a portmanteau of plutocracy and economy) is the science of production and distribution of wealth. [ 1 ]
Kleptocracy is different from plutocracy (rule by the richest) and oligarchy (rule by a small elite). In a kleptocracy, corrupt politicians enrich themselves secretly outside the rule of law , through kickbacks , bribes , and special favors from lobbyists and corporations, or they simply direct state funds to themselves and their associates .
Modern depictions of aristocracy tend to regard it not as the ancient Greek concept of rule by the best, but more as an oligarchy or plutocracy—rule by the few or the wealthy. [citation needed] The concept of aristocracy according to Plato has an ideal state ruled by the philosopher king.
Solon introduced the ideas of timokratia as a graded oligarchy in his Solonian Constitution for Athens in the early 6th century BC. His was the first known deliberately implemented form of timocracy, allocating political rights and economic responsibility depending on membership of one of four tiers of the population.
The Overton window is an approach to identifying the ideas that define the spectrum of acceptability of governmental policies. The premise of the concept Overton defined was that politicians typically act freely only within a window seen as acceptable.
This is an accepted version of this page This is the latest accepted revision, reviewed on 2 January 2025. Activities associated with group decisions For other uses, see Politics (disambiguation). Part of the Politics series Politics Outline Index Category Primary topics Outline of political science Index of politics articles Politics by country Politics by subdivision Political economy ...
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).