kakistocracy

n., pl., -cies.
Government by the least qualified or most unprincipled citizens.

[Greek kakistos, worst, superlative of kakos, bad; see caco- + -CRACY.]

(kak-i-STOK-ruh-see, kah-ki-)

noun
Government by the least qualified or most unprincipled citizens.

Etymology
Greek kakistos, worst, superlative of kakos, bad + -cracy, government, rule.

Usage
"Russia is proving the opposite. Late last year, the kakistocracy propping up Boris Yeltsin decided not to risk giving up power." — William Safire, Contrasting Elections, The New York Times, March 20, 2000.

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government by the worst men of the state