Plutocracy

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A plutocracy is rule by the wealthy, or the power held by the wealthy.

Sourced[edit]

  • "Dynastic wealth, the enemy of a meritocracy, is on the rise. Equality of opportunity has been on the decline. A progressive and meaningful estate tax is needed to curb the movement of a democracy toward plutocracy."
    • Warren Buffet speaking to the US Senate Finance Committee, November 14,2007 [1]
  • Of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of plutocracy.
    • Theodore Roosevelt

Theodore Roosevelt: An Autobiography (1913) Chapter 12, Paragraph 4 [2]

Unsourced[edit]

  • We’re not a democracy. It’s a terrible misunderstanding and a slander to the idea of democracy to call us that. In reality, we’re a plutocracy: a government by the wealthy.
    • Ramsey Clark, former U.S. Attorney General
  • I hope we shall crush in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country.
    • Thomas Jefferson
  • This court is no respecter of wealth or other claims of immunity!
    • Judge Kennesaw Mountain Landis

External links[edit]

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