IPA: /pluˈtɒkrætɪk/
KK: /pluˈtɒkrætɪk/
Describing a system or situation where the wealthy have power and influence over government or decision-making.
In a plutocratic society, the interests of the rich often overshadow those of the general population.
Plutocratic → It is formed from "ploutos" (meaning wealth) and "kratos" (meaning power or rule). The word describes a system of governance where power is held by the wealthy.
Think of 'wealth' ('ploutos') being connected to 'power' ('kratos') — that's why plutocratic refers to rule by the wealthy.