plutocracy

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plu·toc·ra·cy / ploōˈtäkrəsē/ • n. (pl. -cies) government by the wealthy. ∎  a country or society governed in this way. ∎  an elite or ruling class of people whose power derives from their wealth.DERIVATIVES: plu·to·crat·ic / ˌploōtəˈkratik/ adj.plu·to·crat·i·cal·ly / ˌploōtəˈkratiklē/ adv.

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