These example sentences are selected automatically from various online news sources to reflect current usage of the word 'plutocracy.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. 2021 This odious walled vertical suburb is a civic embarrassment, the embodiment of a runaway plutocracy that places its own interests over the commonweal - and common decency. 2021 Inequality is one of the biggest barriers to a functioning democracy: To turn around a slide into plutocracy, Democrats need to address the fact that two-thirds of Americans are living paycheck to paycheck right now.Ĭlio Chang, The New Republic, 9 Jan. John Cassidy, The New Yorker, 8 June 2021 Once before, in the aftermath of the Great Depression, similar rhetoric about the dangers of plutocracy helped cement a Democratic majority that endured for decades. 2021 In recent decades, as the stock market has soared, the vast fortunes amassed by some members of the plutocracy have largely escaped taxation.
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Victor Davis Hanson, Arkansas Online, 13 Sep. 2021 Within 40 years, California had created a new plutocracy of Eloi, whose wealth exempted them from all worries about the mundane problems of the distant and despised Morlock others. Examples of a plutocracy include Greece, Rome, Japan, and Tunisia, among others.
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In other words, that person only gets into power because he is rich. A plutocracy is a country in which governing is done by the wealthy. 2021 Alas, Biden, Speaker Nancy Pelosi, and Senate Majority Leader Charles Schumer seem to be at home in the backroom, even as the Democrats squander the opportunity to break the plutocracy - government of, by, and for the super-rich. The U.S., Cuba, North Korea, China, and South Africa are examples of countries that now practice an oligarchy.
![plutocracy vs oligarchy plutocracy vs oligarchy](https://www.thoughtco.com/thmb/E8HRxWaChW_QQPvUGJRwGnvGLzY=/534x0/filters:no_upscale():max_bytes(150000):strip_icc()/the-state-opening-of-parliament-532083574-5c2d2dd346e0fb0001e6b93e.jpg)
2022 The battle against plutocracy isn’t going to be won in a single piece of legislation, certainly not one against which Manchin and Sinema hold an effective veto. Recent Examples on the Web Social equity pits people with very little wealth and clout against the plutocracy that runs the world, with billions of dollars at stake.Īmanda Chicago Lewis, The New Republic, 4 Apr.