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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.
A politically unstable and kleptocratic government that economically depends upon the exports of a limited resource (fruits, minerals), and usually features a society composed of stratified social classes, such as a great, impoverished ergatocracy and a ruling plutocracy, composed of the aristocracy of business, politics, and the military. [32]
Aristocracy (from Ancient Greek ἀριστοκρατίᾱ (aristokratíā) 'rule of the best'; from ἄριστος (áristos) 'best' and κράτος (krátos) 'power, strength') is a form of government that places power in the hands of a small, privileged ruling class, the aristocrats.
Oligarchy (from Ancient Greek ὀλιγαρχία (oligarkhía) 'rule by few'; from ὀλίγος (olígos) 'few' and ἄρχω (árkhō) 'to rule, command') [1] [2] [3] is a form of government in which power rests with a small number of people.
The aristocracy [1] is historically associated with a "hereditary" or a "ruling" social class. In many states, the aristocracy included the upper class of people (aristocrats) with hereditary rank and titles. [2] In some, such as ancient Greece, ancient Rome, or India, aristocratic status came from belonging to a military class. It has also ...
Plato categorized governments into five types of regimes: aristocracy, timocracy, oligarchy, democracy, and tyranny. The starting point is an imagined, alternate aristocracy (ruled by a philosopher-king); a just government ruled by a philosopher king , dominated by the wisdom-loving element.
Ancient Greek political thinkers [5] regarded ochlocracy as one of the three "bad" forms of government (tyranny, oligarchy, and ochlocracy) as opposed to the three "good" forms of government: monarchy, aristocracy, and democracy. They distinguished "good" and "bad" according to whether the government form would act in the interest of the whole ...
Authoritarianism is a political system characterized by the rejection of political plurality, the use of strong central power to preserve the political status quo, and reductions in democracy, separation of powers, civil liberties, and the rule of law.