The Philippines is a plutocracy. Recent surveys and studies have shown that the economic climate in the country is governed by about 20 families from the middle of the last century to the present. Considering that about 95% of Filipinos are living below the poverty level, that just proves my point.
BRUNEI
California is much closer to a plutocracy than a grass-roots democracy
Oligarchy is government by the few. Plutocracy is government by the wealthy few.
Dictatorsbip
the wealthy
a government ruled by the wealthy
Plutocracy
An oligarchy is a government controlled by a small group of wealthy landowners and corporate leaders.
When you say it's a "rule of the rich", as in the Golden Rule (he who has the gold, rules)."This plutocracy keeps the poor aware of everything...or not."
An oligarchy
A government run and controlled by the wealthy.
A government run and controlled by the wealthy.