Plutocracy
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 Plutocracy  (economic system)   | |
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Plutocracy is rule by the rich.
USA
The United States was "designed as a Plutocracy – but even the limited forms of representation allotted to people by the “Founding Fathers” are impossible when you have a massive and largely unaccountable shadow government."[1]
| Robin Upton explains the role of the Bank of England in the history of plutocracy between 8:36 and 12:31 minutes into this video. |
History
The roots of plutocracy go back as far as agriculture, and the increase in social group size leading to the invention of money.[2]
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