We don't have a democracy here and haven't for a long time. There is no "democracy" there is plutocracy - rule by the upper class which rides upon the back of the lower classes.ġ8. In-depth investigations of the inner workings of the plutocracy in crisis, presented by some of our best politico-economic analysts.ġ7. Nevertheless, a proud plantation-based plutocracy soon arose along the rivers from which they shipped their tobacco to England.ġ6. Some were outright extensions of traditional hierarchies, while others were predominantly recruited from the new plutocracy and professions.ġ5. In practice, power rested with a hereditary plutocracy, but it was expected to earn its privileges through public service.ġ4. This is opposed to other value systems, where reward and legitimacy is based upon possession of wealth (plutocracy), origin (aristocracy), family connections (nepotism), property (oligarchy). Meritocracy requires that positions and goods be distributed solely in accordance with individual merit. I have my doubts, and had a look at how and where the richest of the super-rich made their money. Where by design or accident, Britain has chosen to be the service center for the global plutocracy.ġ3. Meritocracy Equality of Opportunity and Education Meritocracy Meritocratic Equality of Opportunity builds on Formal Equality of Opportunity’s opposition to formal and arbitrary discrimination. January 25, 2011Janu Graeme Many of the spate of recent articles on the super-rich, such as the influential one in The Atlantic have accepted the idea that the plutocracy is meritocratic: the wealth is earned. So we're living in the age of the global plutocracy, but we've been slow to notice it.ġ2. If only millionaires can afford to run for office, we shall quickly become a plutocracy.ġ1. Only this year tells a different story: A scarcity of new wealth, and a hardening of the plutocracy.ġ0. Financial plutocracy must give way to financial democracy – banking as if people mattered.ĩ. The most prolific of the debunkers of the plutocracy was Gustavus Myers.Ĩ. And yet there is no sympathy for this hidden sorrow of Plutocracy. America is no longer a democracy, not even a plutocracy.Ħ. Do you think America's plutocracy is becoming stale? Why?ĥ. The plutocracy is no meritocracy JanuJanu Graeme Many of the spate of recent articles on the super-rich, such as the influential one in The Atlantic have accepted the idea that the plutocracy is meritocratic: the wealth is earned. A meritocracy is an ideal system based on the belief that social stratification is the. Financial, not moral, considerations will prevail in a plutocracy.ģ. For example, Western capitalist countries are generally meritocratic. One of the things that worries me is how easily what you might call meritocratic plutocracy can become crony plutocracy.Ģ. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "plutocracy", or refer to the context using the word "plutocracy" in the English Dictionary.ġ. Below are sample sentences containing the word "plutocracy" from the English Dictionary.
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