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plutocracy

noun (SYSTEM)
 
 
/pluːˈtɒk.rə.si/ US  /-ˈtɑː.krə-/

Definition

[U] a system of government in which the richest people in a country rule or have power: It's time we put an end to plutocracy.Systems of government [C] a country where the richest people have powerSystems of government
(Definition of plutocracy noun (SYSTEM) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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