The word origin period for Plutocracy is 16th century AD and for Oligarchy it is 15th century AD. Difference Between Plutocracy vs Oligarchy Etymology gives details about how Plutocracy and Oligarchy as phrases or words originated and from which languages. Moreover, the risk of a drift towards oligarchy i.e., Plutocracy is real and gives little reason for optimism about where the United States is headed. Oligarchy: A small group exercises control especially for corrupt and selfish purposes in a type of government, this government is called as Oligarchy.ĭifference Between Plutocracy vs Oligarchy EtymologyĮtymology is the history and development of Plutocracy and Oligarchy as words. Oligarchy is government by a few powerful people Aristocracy is government by the self-proclaimed best people who are often the descendants of Plutocrats. Merriam-Webster Dictionary Plutocracy vs Oligarchy Definitions:Plutocracy: Government by the richest people.Oligarchy: A type of government by powerful people in a small group is called oligarchy The ' small group' could be due to being royal, wealthy, family, military, religious or anything else. It is defined as a small group of people ruling the country.
Plutocracy definiton and Oligarchy definition from Cambrige Dictionary:Plutocracy: Someone who becomes powerful because they are rich 'PLUTOCRACY' is government by the rich or the wealthy class, OLIGARCHY is not necessarily so An oligarchy is government by the 'few'.Oligarchy: Oligarchy is a type of government controlled by a small group of people Oxford Dictionary Plutocracy vs Oligarchy Definitions: Plutocracy: A state or society governed by the wealthy.You can get a further insight about the difference between its meanings by comparing Plutocracy vs Oligarchy definitions from Oxford, Cambridge and Merriam Webster dictionaries as follows, Plutocracy can be described as, Government by the wealthy and Oligarchy as System governed by a few powerful people. Plutocracy is derived from the Greek ploutos meaning 'wealth' and kratos for 'govern. The term derives from two Greek words: oligos meaning 'few' and arch for 'rule' similar English-language terms include monarch or hierarchy. Dictionary definitions give appropriate meanings for these government types. Oligarchy is defined as 'government by the few' and came into English use around 1570. You can compare and contrast Plutocracy vs Oligarchy definitions based on the meaning given by different dictionaries. The same is true in case of Plutocracy and Oligarchy definitions. Though the meaning of any particular word can be framed in numerous ways in different dictionaries, its underlying principle remains same. Most often, plutocracy is an oligarchy in which that group are the wealthy. The easiest way to know the meaning of a word is to get its dictionary meaning. An oligarchy is a government run by a small ruling group. Definitionally, there is not a lot of room between these, as many oligarchs are wealthy. Compare and Contrast Plutocracy vs Oligarchy Definition Answer (1 of 11): I agree with the prior answer, but think it may miss the point of the question.