What is Plutocracy? (Easiest Explanation)
Автор: Helpful Professor Explains!
Загружено: 2025-03-23
Просмотров: 610
Описание: Plutocracy refers to a system of governance where power is explicitly or implicitly held by the wealthy, either directly or through influence over political leaders. In plutocracies, policy decisions tend to favor economic elites and corporations at the expense of broader public interests. Critics argue that excessive economic inequality can transform democracies into functional plutocracies when campaign financing, lobbying, and media ownership concentrate political influence among the wealthy. Historical examples of plutocratic systems include certain periods in ancient Rome and aspects of government in various Gilded Age societies.
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