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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]
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.
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).
Noocracies, like technocracies, have been criticized for meritocratic failings, such as potentially upholding a more or less permanent ruling class. Others have highlighted more democratic ideals as better epistemic models of law and policy. Noocracy's criticisms come in multiple forms, two of which are those focused on the efficacy of ...
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 .
The Kirchnerist movement has been openly accused that it believes in nepotism, treating meritocracy as a pejorative concept. [ 54 ] [ 55 ] The government's ministries and secretariats are reportedly plagued with friends, family and supporters of the current party leaders, many of whom have been criticized for being incompetent at their jobs.
Donald Trump couldn't restrain himself. The former president's aides had promised that his acceptance speech at the Republican National Convention would showcase a “softer,” more conciliatory ...
Influences and history of Sociocracy 3.0. The word 'sociocracy' is derived from the Latin socius meaning companions, colleagues, or associates; and the Greek cratia which refers to the ruling class, as in aristocracy, plutocracy, democracy, and meritocracy.