Democracy, in contrast, is a political system where general public gets the opportunity to select the suitable. These few number of people usually represented the wealthy or royal family ties. A specially, when this fast-tracking is institutionalized Oligarchy is a ruling system in which only a few number of privileged people get the power over ruling and decision-making in a political system. Definitionally, there is not a lot of room between these, as many oligarchs are wealthy. In other words, plutocracy is when money allow you to fast-track on top of "normal" rules in your favor. Answer (1 of 11): I agree with the prior answer, but think it may miss the point of the question. Plutocrat (and plutocracy) usually used when money not just buying you influence and opportunities but allows you to seriousely bend the rules in your favor (buy off court rulings and positions etc). Main point is once you "got in", it will take extroardinary (and unlikely) events for you to be kicked out and any priviliges (and responsibilities, for that matter) are with your (and possibly, your family) forever Some of these words, such as plutocracy, have an exceedingly similar meaning (both. top univercity elite can be refered as aristocracy of academia). Oligarchy is one of numerous English words for a type of rule or government. granted knighthood) or some formal steps (e.g. Oligarchy (Greek, Oligarkha, from ligon, few, and arkho, rule ) is a form of government in which political power effectively rests with a small. As nouns the difference between oligarchy and plutocracy is that oligarchy is a government run by only a few, often the wealthy while plutocracy is government by the wealthy. The tyrannical man would represent tyranny, for example. Plato also assigns a man to each of these regimes to illustrate what they stand for. They are aristocracy, timocracy, oligarchy, democracy, and tyranny. The ' small group' could be due to being royal, wealthy, family, military, religious or anything else.
It is defined as a small group of people ruling the country. Main characteristic in "lifetime belonging" to some group - being it by virtue of family line, special favor (e.g. The philosopher Plato discusses five types of regimes ( Republic, Book VIII Greek: ). 'PLUTOCRACY' is government by the rich or the wealthy class, OLIGARCHY is not necessarily so An oligarchy is government by the 'few'. Aristocracy (Greek: aristokratía, from aristos ‘excellent’, and, kratos ‘rule’) is a form of government that places strength in the hands of a small, privileged ruling class, the aristocrats. Aristocrat (at least, in modern times) not necesserally has the power, or significant wealth.
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