What plutocracy means?
Plutocracy is a government-controlled exclusively by the wealthy, either directly or indirectly. This can then result in policies exclusively designed to assist the wealthy, which is reflected in its name (comes from the Greek words “ploutos” or wealthy, and “kratos” – power, ruling).
What does plutocrat mean in English?
A plutocrat is someone who uses their wealth to buy political power.
Do corporations have more power than the government?
Corporations are making more, spending more, and employing more of the world’s resources than ever before. In the United States alone, total revenues for the Fortune 500 in 2005 hit $9.1 trillion, which is 73 percent of U.S. GDP.
What are the six forms of government?
Terms in this set (6)
- Monarchy. – is probably the oldest form of government.
- Republic. – is a simple government without a king or queen.
- Democracy. – government authority is based on the will of the people.
- Dictatorship.
- Totalitarian Systems.
- Theocracy.
How do I cite Socrates?
To cite one of Plato’s dialogues, then, you will need to give the title, a section number, and a letter: Socrates describes those who trust writing as naïve (Phaedrus, 274c). The number here refers to the page number from the Stephanus edition.
What is the best type of government according to Aristotle?
Aristotle considers constitutional government, in which the masses are granted citizenship and govern with everyone’s interest in mind, one of the best forms of government. It combines elements of oligarchy and democracy, finding a compromise between the demands of both the rich and the poor.
How do you cite Aristotle’s ethics?
Therefore, the citations should be formatted like this: First footnote: Aristotle, Nichomachean Ethics, trans. W. D.
What is a government controlled by corporations called?
Corporatocracy (/ˌkɔːrpərəˈtɒkrəsi/, from corporate and Greek: -κρατία, romanized: -kratía, lit. ‘domination by’; short form corpocracy) is a term used to refer to an economic and political system controlled by corporations or corporate interests.
What are the big companies that own everything?
These 11 Consumer Goods and Food Companies Control What You Buy
- Kellogg’s.
- General Mills.
- Kraft-Heinz Company.
- Mondelez International.
- MARS.
- Coca-Cola.
- Unilever.
- Procter & Gamble.