Plutocracy | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-10-05

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Plutocracy


00:00:42 1 Usage
00:01:25 1.1 Examples
00:03:00 1.2 United States
00:06:08 1.2.1 Post World War II
00:08:44 1.3 Russia
00:08:52 2 Propaganda term
00:09:33 3 Causation



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SUMMARY
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A plutocracy (Greek: πλοῦτος, ploutos, 'wealth' + κράτος, kratos, 'power') or plutarchy is a society that is ruled or controlled by people of great wealth or income. The first known use of the term in English dates from 1631.  Unlike systems such as democracy, capitalism, socialism or anarchism, plutocracy is not rooted in an established political philosophy. Plutocracy is linked to the term dynastic wealth. The concept of plutocracy may be advocated by the wealthy classes of a society in an indirect or surreptitious fashion since the term itself is almost always used in a pejorative sense.