Plutocrat: meaning, definitions and examples

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plutocrat

 

[ˈpluː.tə.kræt ]

Definition

Context #1 | Noun

wealthy ruling class

A plutocrat is a member of a wealthy ruling class or a group that exercises power through its wealth. Plutocrats often have a significant influence on government policies and decisions.

Synonyms

magnate, oligarch, tycoon.

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Word Description / Examples
plutocrat

Plutocrat is used to describe someone who has significant power or influence due to their wealth. It often carries a negative connotation, implying that the person may use their wealth to exert undue influence or control.

  • The country was secretly controlled by a few powerful plutocrats
  • Many people believe that plutocrats undermine democratic processes
oligarch

Oligarch refers to a member of a small group that holds a significant amount of power in a country, typically based on their wealth. It often has a negative connotation, suggesting corruption and abuse of power.

  • The new legislation aimed to reduce the influence of the oligarchs
  • The country’s politics have been dominated by a few wealthy oligarchs
tycoon

Tycoon is used to describe a wealthy and powerful businessperson, especially one who has accumulated their wealth and influence through hard work and skill. This term generally has a positive or neutral connotation.

  • The shipping tycoon made his fortune by revolutionizing the industry
  • She became a tech tycoon by developing groundbreaking software
magnate

Magnate is a term often used for someone who is very successful and influential in a particular industry, such as media, oil, or real estate. It carries a more neutral or even positive connotation compared to plutocrat.

  • The media magnate purchased several new television stations
  • She is known as a real estate magnate in the city

Examples of usage

  • The country was controlled by a small group of powerful plutocrats.
  • Plutocrats are often criticized for their disproportionate influence on politics.

Interesting Facts

Etymology

  • The term comes from the Greek words 'ploutos', meaning wealth, and 'kratos', meaning power or rule.
  • It first appeared in English in the late 19th century, reflecting concerns about the influence of wealthy individuals in politics.

Historical Context

  • Throughout history, powerful families, such as the Medicis in Renaissance Italy, have acted as plutocrats, controlling wealth and influencing governance.
  • The Gilded Age in the United States saw the rise of industrial plutocrats like Rockefeller and Carnegie, whose fortunes greatly impacted economics and politics.

Political Implications

  • In modern democracies, the term often carries a negative connotation, suggesting that wealth can corrupt political systems.
  • Plutocracy is contrasted with democracy, where political power ideally resides with the average citizen, rather than the wealthy elite.

Cultural References

  • The concept of plutocracy is explored in various books and films, such as George Orwell’s '1984', highlighting the dangers of wealth concentration.
  • Modern satirical media, like shows and cartoons, often depict plutocrats as out of touch with everyday people's struggles.

Contemporary Issues

  • With the rise of big donors in political campaigns, discussions about plutocracy have become more relevant, especially around election seasons.
  • Wealth inequality in many societies has led to criticisms of how plutocrats can wield disproportionate influence over policies and governance.

Translations

Translations of the word "plutocrat" in other languages:

🇵🇹 plutocrata

🇮🇳 धनिकतंत्री

🇩🇪 Plutokrat

🇮🇩 plutokrat

🇺🇦 плутократ

🇵🇱 plutokrata

🇯🇵 富豪政治家

🇫🇷 ploutocrate

🇪🇸 plutócrata

🇹🇷 plütokrat

🇰🇷 금권 정치가

🇸🇦 بلوتوقراطي

🇨🇿 plutokrat

🇸🇰 plutokrat

🇨🇳 财阀

🇸🇮 plutokrat

🇮🇸 ríkistjórnarmaður

🇰🇿 плутократ

🇬🇪 პლუტოკრატი

🇦🇿 plütokrat

🇲🇽 plutócrata

Word Frequency Rank

Ranking #38,886, this word is encountered relatively rarely in everyday English. It might appear in literary works or specialized texts but isn't essential for general communication.