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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 number of Wikipedia articles contain pro and con lists: lists of arguments for and against some particular contention or position.These take several forms, including lists of advantages and disadvantages of a technology; pros and cons of a proposal which may be as technical as Wi-Fi or otherwise; and lists of criticisms and defenses of a political position or other view (such as socialism or ...
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.
Dozens of U.S. government workers linked to diversity initiatives but whose jobs are not directly related to diversity, equity and inclusion have been placed on leave after President Donald Trump ...
(The Center Square) – Thomas Schatz, president of Citizens Against Government Waste, testified before Congress this week about the need for financial reform in the government. "The budget has ...
In news media, the term "populism" has often been conflated with other concepts like demagoguery, [23] and generally presented as something to be "feared and discredited". [24] It has often been applied to movements that are considered to be outside the political mainstream or a threat to democracy . [ 25 ]
401(k) Pros and Cons. Take a look at the pros and cons of a 401(k) and see if any of these apply to you. Pros: Employer match programs. High annual contribution limits. Long-term growth through ...
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 .