Outrageously Funny Word Dictionary :: Plutonomy

👉 Plutonomy, also known as "plutocracy," is a concept that refers to a system or government where power is concentrated in the hands of one individual or small group. This can lead to a lack of diversity and equality in decision-making processes within such governments. It often involves the concentration of wealth and resources in the hands of a few individuals, which can result in a sense of inequality and social stratification.

plutonomy