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Plutocratic for Dummies

adjective

pronunciation: ,plutə'krætɪk

What does Plutocratic really mean?

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Plutocratic is a word that might sound a bit complicated at first, but I promise you it's not as difficult as it seems. Let me break it down for you in a way that you can easily understand.

So, imagine a group of people who have a lot of money. They are so wealthy that they have a significant influence and control over the way things work in a country or society. These rich and powerful individuals make decisions that benefit themselves and others who have a similar level of wealth. This way of running things, where the wealthy few hold the power, is what we call a plutocratic system.

Here's an example to help you visualize it better. Imagine you're playing a game with your friends. But there's one friend who has a lot more toys than everyone else. Because this friend has so many toys, they get to make up the rules of the game and decide who gets to play. They might choose their closest buddies who also have a lot of toys, leaving out those who have fewer toys. In this situation, your friend is acting in a plutocratic way, using their wealth of toys to control who can participate in the game.

Now, let's talk about another definition of plutocratic. Sometimes, the word is also used to describe a society where the power is held by wealth itself rather than individuals. It means that the economic resources, like money and property, have the most significant influence on decision-making in that society. So, in a plutocratic society, money talks and has a big say in how things are run.

In a nutshell, plutocratic refers to a system or society where the rich and powerful few have a lot of control and influence due to their wealth. They make decisions that benefit themselves and others who are in a similar economic position.

Revised and Fact checked by Steven Jackson on 2023-10-28 15:30:09

Plutocratic In a sentece

Learn how to use Plutocratic inside a sentece

  • A country where a small group of wealthy people make all the important decisions is called plutocratic. For example, in a plutocratic country, these wealthy people might decide how taxes are used or who can become a government official.
  • Imagine a company where the owners have all the power and control. This company would be considered plutocratic because the owners make all the important decisions, such as how much employees get paid and what products the company produces.
  • In a school where a few students with a lot of money dictate what activities the school will have and how things should be done, it can be called a plutocratic school.
  • If a neighborhood is governed by a small group of wealthy homeowners who decide on rules and regulations for everyone living there, it can be described as a plutocratic neighborhood.
  • Imagine a game where only the players who have the most money get to make decisions about how the game is played and who wins. This game would have a plutocratic system.

Plutocratic Synonyms

Words that can be interchanged for the original word in the same context.

Plutocratic Pertains To

Words to which the original word is relevant