Just to stress out that main thing about oligarchy is "hans of few". The US is not technically ruled by either a small group or the wealthy, but the wealthy can and do influence government actions and policies far more easily and far beyond their numbers. A plutocracy is a country that is ruled by the wealthy. A specially, when this fast-tracking is institutionalized On oligarchy is a country that is ruled by a small group of people. In other words, plutocracy is when money allow you to fast-track on top of "normal" rules in your favor. Plutocrat (and plutocracy) usually used when money not just buying you influence and opportunities but allows you to seriousely bend the rules in your favor (buy off court rulings and positions etc). Main point is once you "got in", it will take extroardinary (and unlikely) events for you to be kicked out and any priviliges (and responsibilities, for that matter) are with your (and possibly, your family) forever top univercity elite can be refered as aristocracy of academia). There is bad form which corresponds to each: Tyranny is the worse form of monarchy oligarchy and also plutocracy are the bad form of aristocracy and mob rule is the worse kind of democracy. Plutocracy is derived from the Greek ploutos meaning 'wealth' and kratos for 'govern. Some of these words, such as plutocracy, have an exceedingly similar meaning (both. This group is not limited to wealthy people alone but includes other privileged individuals or groups of people such as royalty, noblemen, landowners, academics or philosophers, and military officers. Oligarchy is one of numerous English words for a type of rule or government. The term derives from two Greek words: oligos meaning 'few' and arch for 'rule' similar English-language terms include monarch or hierarchy. An Oligarchy refers to a government or political system controlled and ruled by a small and elite group of people. A plutocracy allows, either openly or by circumstance, only the wealthy to rule. Oligarchy is defined as 'government by the few' and came into English use around 1570. Oligarchy vs. plutocracy how to#granted knighthood) or some formal steps (e.g. How to Praise Cities There are three kinds of governments: monarchy, aristocracy, and democracy. Plutocracy: A government controlled exclusively by the wealthy either directly or indirectly. In a plutocracy, only the wealthy rule the government. Main characteristic in "lifetime belonging" to some group - being it by virtue of family line, special favor (e.g. Merriam-Webster Dictionary Oligarchy vs Plutocracy Definitions: Oligarchy: A small group exercises control especially for corrupt and selfish purposes in a type. An oligarchy is a type of government ruled by a small group of people chosen because of any of several attributes such as their education, military record, social status, education, religion, or wealth. Aristocrat (at least, in modern times) not necesserally has the power, or significant wealth.
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