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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.
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.
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 .
Don't forget to dilute your apple cider vinegar before drinking. (Getty Images) (Arta Sermule via Getty Images)
Here's what to know about the healthiest cuts and the pros and cons of white meat versus dark. (Getty Images) (EyeWolf via Getty Images) Chicken is America’s favorite meat.
Oligarchy (from Ancient Greek ὀλιγαρχία (oligarkhía) 'rule by few'; from ὀλίγος (olígos) 'few' and ἄρχω (árkhō) 'to rule, command') [1] [2] [3] is a form of government in which power rests with a small number of people.
Want to go vegan? Explore the pros, cons of the lifestyle. Daryl Austin, USA TODAY. February 11, 2025 at 5:00 AM.
Listed pros and cons must, as for all content, be sourced by a reference, either in the list or elsewhere in the article. (A "criticisms and defenses" list is a backwards pro and con list. The opposing side is presented first, followed by the responses of the defending side. Lists of this form seem to grow out of more contentious articles.)