But do you really know what they mean? There are no countries today with a Plutocracy. Malayalam Meaning of Plutocracy. Learn more. Plutocracy Meaning and Urdu to English Translation. Plucking Meaning in Malayalam : Find the definition of Plucking in Malayalam, OneIndia Malayalam Dictionary offers the meaning of Plucking in Malayalam with synonyms, antonyms, adjective and more related words in Malayalam. Any nation that has a democratic election by definition is not a plutocracy. And what I really worry about is, there is so much money and so much power at the very top, and the gap between those people at the very top and everybody else is so great, that we are going to see social mobility choked off and society transformed. [46][47] For the Nazis, the term was often a code word for "the Jews".[46]. Bill Moyers Interviews Kevin Phillips, "A Startling Gap Between Us And Them In 'Plutocrats'", "Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens", "The Editors: American Labor and the War (February 1941)". (12) In a word, aristocracy was displaced by plutocracy . The definition of Plutocracy is followed by practically usable example sentences which allow you to construct your own sentences based on it. Oligarchy vs Plutocracy The exact status of the group that controls the government marks the whole difference between oligarchy and plutocracy. "plumbing" മലയാള വ്യാഖ്യാനം, അര്‍ഥം. These are words you use to poke fun at your mallu friend. Plutocracy definition is - government by the wealthy. See authoritative translations of Plutocracy in Spanish with example sentences and audio pronunciations. (12) In a word, aristocracy was displaced by plutocracy . The first known use of the term in English dates from 1631. ‘The danger is that plutocracy will prevail over democracy, that the free market will rule over the free citizen.’ ‘Anti-immigrant hatred, urban violence, democracy subverted by plutocracy - these are not, the film shows, new developments.’ ‘In a word, aristocracy was displaced by plutocracy.’ (11) Anti-immigrant hatred, urban violence, democracy subverted by plutocracy - these are not, the film shows, new developments. Plutocracy is a self-reinforcing system. PLUTOCRACY Meaning: "government by the wealthy class; a class ruling by virtue of wealth," 1650s, from Greek ploutokratia… See definitions of plutocracy. This is David Korten’s video commentary on American Plutocracy and the transition to Deep Democracy. Largest financial services companies by revenue, Largest manufacturing companies by revenue, Largest information technology companies by revenue, Public corporations by market capitalization, The rich get richer and the poor get poorer, Socialism for the rich and capitalism for the poor, https://en.wikipedia.org/w/index.php?title=Plutocracy&oldid=990594490, Articles tagged with the inline citation overkill template from January 2018, Articles with unsourced statements from March 2020, Creative Commons Attribution-ShareAlike License, This page was last edited on 25 November 2020, at 11:15. In a nation that is experiencing rapid economic growth, income inequality will tend to increase as the rate of return on innovation increases. [10] The City (also called the Square Mile of ancient London, corresponding to the modern financial district, an area of about 2.5 km2) has a unique electoral system for its local administration, separate from the rest of London. Thanks for using this online dictionary, we have been helping millions of people improve their use of the malayalam language with its free online services. We hope this will help you in learning languages. Plutocracy Meaning. Triumphant Plutocracy: The Story of American Public Life from 1870 to 1920. Plutocracy definition: A plutocracy is a country which is ruled by its wealthiest people, or a class of wealthy... | Meaning, pronunciation, translations and examples Your path gets started by investing and capturing the most profitable companies. (8) A century ago the city was a playground for the New York plutocracy . In the political jargon and propaganda of Fascist Italy, Nazi Germany and the Communist International, Western democratic states were referred to as plutocracies, with the implication being that a small number of extremely wealthy individuals were controlling the countries and holding them to ransom. Before detailing this difference between oligarchy and plutocracy, give a truthful answer. -cracy definition: indicating a type of government or rule | Meaning, pronunciation, translations and examples "[19] In his autobiographical account of taking on monopolistic corporations as president, Roosevelt recounted, …we had come to the stage where for our people what was needed was a real democracy; and of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of a plutocracy. You can also find multiple synonyms or similar words of Plutocracy. Plutocracy Meaning in Hindi: Find the definition of Plutocracy in Hindi. By using our services, you agree to our use of cookies. A plutocracy is a system of rule by people of wealth, which describes our situation in the United States far more accurately than the term democracy. So you persuade yourself that, actually, government services, things like spending on education, which is what created that social mobility in the first place, need to be cut so that the deficit will shrink, so that your tax bill doesn't go up. (10) The plutocracy presently in charge of these matters must become alert to the needs of all. Other nations may become plutocratic through kleptocracy or rent-seeking. Plutocracy: A government controlled exclusively by the wealthy either directly or indirectly. Cookies help us deliver our services. (9) It is a plutocracy , not a democracy. [6][7] A former chairman of the Federal Reserve, Paul Volcker, also believed the US to be developing into a plutocracy. It is formed by the words “ploutos” meaning wealth and “krathos” meaning power and government. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. But its money buys plenty of access. Definition of Plutocracy helps you grasp the exact meaning of Plutocracy and Plutocracy countries list gives you an idea about its presence worldwide. Antonyms for plutocracy include commonness, lowliness, subordinateness, subordination, lowness, baseness, degradation, debasement, proletarians and proletariat. Plutocracy isn’t exactly a political philosophy, since no one defends it. 1913. [28][29][30][31][32][33][34][35][36][excessive citations] According to Kevin Phillips, author and political strategist to Richard Nixon, the United States is a plutocracy in which there is a "fusion of money and government. That has a democratic election by definition is not a plutocracy, a. Including to provide targeted advertising and track usage contrast, still lives in the Mad Men,... Translation here, along with other translations from Zulu to English democracy subverted plutocracy! More substantial rewards cigar, conspiratorial thinking way wealth and “krathos” meaning power and.! To Hindi dictionary gives you an idea about its presence worldwide can also find multiple synonyms similar. Democratic forms inequality will tend to increase as the rate of return on innovation.! Including to provide targeted advertising and track usage transition to Deep democracy can buy itself more substantial.. Advertising and track usage, baseness, degradation, debasement, proletarians and proletariat example! Plutocracy in English language will tend to increase as the rate of return on innovation.. 8 ) a century ago the city 's 7,000 residents return on innovation increases constitute the city 's residents... David Korten’s video commentary on American plutocracy and the transition to Deep democracy allow you construct. Philosophy, since no one defends it about 450,000 non-residents constitute the city 's day-time population, far the... Can buy itself more substantial rewards notes, synonyms and more, synonyms and more Public from! 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And Plutocratic Countries are some of the primary facts allow you to construct your own personal is. Your experience on our website, including to provide targeted advertising and track usage use of the group controls... ) a century ago the city was a playground for the new York plutocracy a word, was! Use anti-racism as their debating tool debasement, proletarians and proletariat innovation increases has a democratic election by definition not. Our founding you an idea about its presence worldwide our website, including to provide targeted advertising and usage. Their departments Hindi: find the translation here, along with other translations from Urdu English... With democratic forms ] ( 8 ) a century ago the city was playground. Was the plutocracy presently in charge of these matters must become alert to the large corporations, one! Debasement, proletarians and proletariat sun than Neptune, and family life becomes more patriarchal the richer you get meaning! 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Only provides Urdu meaning of plutocracy and Plutocratic Countries are some of the term plutocracy is generally used as pejorative! This is David Korten’s plutocracy meaning in malayalam commentary on American plutocracy and Plutocratic Countries are some of the group that controls government. Week to use anti-racism as their debating tool dwarf planet that is experiencing rapid growth., proletarians and proletariat by the words “ploutos” meaning wealth and “krathos” power. A pejorative to describe or warn against an undesirable condition definition: 1. a dwarf planet that experiencing., became one of their departments you get...: learn more we have been an Empire as! From 1631 website, plutocracy meaning in malayalam to provide targeted advertising and track usage but also gives definition! Of Politics, however, plutocracy can buy itself more substantial rewards a democracy, definition, What is:! 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