![]() What is Plutocracy? (Meaning of Plutocracy, Plutocracy Defined, Plutocracy Explained)Ģ4.0 similar questions has been found Was Rome a Stratocracy? What country has a dictatorship now?Ĭhina, Cuba, Eritrea, Laos, North Korea, and Vietnam Hence, plutocracy is a form of oligarchy, but plutocracy distinguishes the particular ruling minority by their great income or wealth. The main difference between oligarchy and plutocracy is that oligarchy is the rule by a privileged minority whereas plutocracy is the rule by a wealthy minority. Both plutocracy and aristocracy are two forms of oligarchy, which refers to the rule by an elite few. ![]() The main difference between plutocracy and aristocracy is that plutocracy is the government by the wealthy, whereas aristocracy is the government by the nobility, the hereditary ruling class. What is the difference between aristocracy and plutocracy? a class or group ruling, or exercising power or influence, by virtue of its wealth. a government or state in which the wealthy class rules. the rule or power of wealth or of the wealthy. ![]() Who are the plutocrats?Ī plutocrat is an individual who has political influence or power because of their wealth. Historic examples of plutocracies include the Roman Empire, some city-states in Ancient Greece, the civilization of Carthage, the Italian merchant city states of Venice, Florence, Genoa, the Dutch Republic and the pre-World War II Empire of Japan (the zaibatsu).
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