A government characterized by rampant greed and corruption.
[Greek kleptein, to steal + –CRACY.]
kleptocrat klep'to·crat' (-tə-krăt') n.kleptocratic klep'to·crat'ic adj.
Dictionary:
klep·toc·ra·cy (klĕp-tŏk'rə-sē) ![]() |
A government characterized by rampant greed and corruption.
[Greek kleptein, to steal + –CRACY.]
kleptocrat klep'to·crat' (-tə-krăt') n.| 5min Related Video: kleptocracy |
| Word Overheard: kleptocracy |
Klepto + cracy = rule by thieves. This "style" of government caught the public eye when President Bush decided to wage war on it:
"President Bush launched an initiative this month to combat international kleptocracy, the sort of high-level corruption by foreign officials that he called 'a grave and corrosive abuse of power' that 'threatens our national interest and violates our values.'"
Link: With Kazakh's Visit, Bush Priorities Clash.
Posted August 31, 2006.
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| Wikipedia: Kleptocracy |
| This article may contain original research or unverified claims. Please improve the article by adding references. See the talk page for details. (March 2008) |
Kleptocracy: (from Greek klepto=theft and kratos=rule) Sometimes cleptocracy, occasionally kleptarchy, is a term applied to a government that extends the personal wealth and political power of government officials and the ruling class (collectively, kleptocrats) at the expense of the population, sometimes without even the pretense of honest service.
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Kleptocracies are often dictatorships or some other form of autocratic and nepotist government, or lapsed democracies that have transformed into oligarchies.[citation needed] A kleptocratic ruler typically treats his country's treasury as though it were his own personal bank account.
The effects of a kleptocratic regime or government on a nation are typically adverse in regards to the faring of the state's economy, political affairs and civil rights. Kleptocracy in government often vitiates prospects of foreign investment and drastically weakens the domestic market and cross-border trade. As the kleptocracy normally embezzles money from its citizens by misusing funds derived from tax payments, or money laundering schemes, a kleptocratically structured political system tends to degrade nearly everyone's quality of life. In addition, the money that kleptocrats steal is often taken from funds that were earmarked for public amenities, such as the building of hospitals, schools, roads, parks and the like - which has further adverse effects on the quality of life of the citizens living under a kleptocracy.[1] The quasi-oligarchy that results from a kleptocratic elite also subverts democracy (or any other political format the state is ostensibly under).[2]
According to one source, an old case of a kleptocratic governed state was Kievan Rus' where the alliance between Varangians and Slavic élites set up this type of government which resisted all attacks until 1240 when the Tatars conquered Kiev.[3]
In early 2004, the anti-corruption Germany-based NGO Transparency International released a list of what it believes to be the ten most self-enriching leaders in recent years.[4]
In order of amount allegedly stolen (in USD), they are:
A narcokleptocracy is a society ruled by "thieves" involved in the trade of narcotics.
The term has its origin in a report prepared by a subcommittee of the United States Senate Foreign Relations Committee, chaired by Massachusetts Senator John Kerry.[5] The term was used specifically to describe the regime of Manuel Noriega in Panama. The term's construction builds on the already existing pejorative term "kleptocracy"- which is a government run by thieves. That is more precisely, a government run expressly for the financial benefit of those who govern.
In 2006, the Bush Administration, consistent with promises made at the prior G8 Summit, enunciated a policy specifically intended to internationalize an effort to resist, pursue, and prosecute kleptocracies.[6]. The White House stated intended commitments to: denying safe haven, bringing together major financial centers vulnerable to exploitation in order to develop preventive anti-corruption practices, enhance international information sharing on corrupt officials, uncover, seize, and return stolen funds and prosecute those criminals involved, and ensure greater multilateral action in helping to develop and repair those areas of the world stricken by high-level corruption.[7]
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| -cracy |
| What is Kleptocracy? | |
| What is a republican kleptocracy? |
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