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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.
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).
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. Also ...
Miro (formerly named Democracy Player or DTV) [3] is an audio, video player and Internet television application developed by the Participatory Culture Foundation. It runs on Microsoft Windows , macOS , FreeBSD and Linux and supports most known video file formats.
Some of the Democratic Party’s most prominent figures on Thursday used the first anniversary of the Jan. 6 attack on the U.S. Capitol to warn that work is needed to protect American democracy.
The threat of "mob rule" to a democracy is restrained by ensuring that the rule of law protects minorities or individuals against short-term demagoguery or moral panic. [8] However, considering how laws in a democracy are established or repealed by the majority, the protection of minorities by rule of law is questionable.
Indeed, it has been said that democracy is the worst form of government except all those other forms that have been tried from time to time." [2] Critics of democracy have often tried to highlight democracy's inconsistencies, paradoxes, and limits by contrasting it with other forms of government, such as epistocracy or lottocracy.
Corrupt governments may favor one set of business owners who have close ties to the government over others. This may also be done with, religious, or ethnic favoritism. For instance, Alawites in Syria have a disproportionate share of power in the government and business there ( President Assad himself is an Alawite). [ 41 ]