👉 Plutocratically is a term used in philosophy, politics, and economics that refers to a political system where power resides primarily within the hands of the ruling class or elite. Plutocrats are often associated with authoritarian regimes, where the government has absolute control over the economy, culture, and society as a whole. In this sense, plutocratically represents a type of governance in which power is concentrated at the top of an organization or society. This may involve the possession of significant wealth or resources
