A system of government or social order ruled by the wealthy or golden-class; government based on wealth.
From Greek chrysos (gold) + aristocracy (rule by the best/nobles). A satirical or critical term coined to describe plutocratic systems where money rather than merit determines power.
This brilliant word combines 'gold' and 'aristocracy' to mock societies where having money is the only qualification for power—some 19th-century critics used it to skewer the rich ruling class!
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