![]() ![]() Or nail them with another good word from the past: “Kleptocrats,” advocates of government by thieves. Wall Street banksters, corporate chieftains, speculators, and other pampered plutocrats are out to crush the hard-won laws, rules, institutions, and social compacts that We the People have struggled to put in place over the years to undergird our democratic authority.īusting unions, unleashing corporate money in politics, restricting access to courts, and gutting financial and environmental regulation–all of these and more are about supplanting our democracy with their plutocracy.Ĭall them what they are–not conservatives, but self-serving plutocrats. The struggle between democracy and plutocracy has defined our political history from the Revolution of 1776 forward. Plutocracy, on the other hand, is government by the wealthy–by them and for them. ![]() ![]() It’s the direct opposite of democracy, which is government by the many, by all of the people–by us. Ploutos was Greek for wealth, and Plouton, or Pluto, was one of the names used for the Greek god of the underworld, where all the earths mineral wealth. Rather, a word from America’s past best encapsulates their goal: plutocracy. Chamber of Commerce, from GOP House Speaker John Boehner to such anti-worker governors as Scott Walker of Wisconsin, an autocratic power grab is underway to enthrone corporate power and moneyed elites to rule unilaterally over our government, economy, and environment. Logically, the main line of tension should be between the plutocrats and the rest or, at least, between them and all those with modest means. Before the week after next though not if we can help ithe will he guided by a sort of neo-plutocracy. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. Today’s media and political powers, for example, keep using the word “conservative” to describe current political trends in our democratic republic. Plutocracy also raises social tensions in society. These examples are from corpora and from sources on the web. In American politics, the past not only sticks with us, but it often provides the best definition of what’s going on in the politics of the present, so it can be useful to revisit some powerful words from our history. ![]()
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