The word "plutocracy" comes from the Greek words "ploutos," meaning wealthy, and "kratos," meaning power or ruling.

Where did the word plutocracy come from?

The first part of the word comes from the Greek ploutos, meaning wealth. Put them together, and you get plutocracy, a government ruled by the rich.

Who are called plutocrats?

A plutocrat is someone who uses their wealth to buy political power. ... The terms plutocrat and plutocracy are almost always used in a critical or derogatory way. Plutocrats are a small, rich group of people within a larger society that rule or exert control (sometimes indirectly or secretly) using their money.