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From Longman Dictionary of Contemporary English
Related topics: Government
plutocracyplu‧toc‧ra‧cy /pluːˈtɒkrəsi $ -ˈtɑːk-/ noun (plural plutocracies) [countable]  PGRICHa ruling class or government that consists of rich people, or a country that is governed by rich people
Examples from the Corpus
plutocracySome were outright extensions of traditional hierarchies, while others were predominantly recruited from the new plutocracy and professions.
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