Sociology Index

PLUTOCRACY

Democracy, Theocracy, Oligarchy, The iron law of oligarchy, Monarchy, Constitutional Monarchy

Plutocracy is literally ‘rule by the rich’, the term is used to denote a wide range of situations where a group of individuals are able to exert disproportionate power and influence in society and social institutions because of their wealth.

Plutocracy vs Oligarchy

Oligarchy is a form of government where power rests with a small elite segment of society distinguished by royalty, wealth, family, military influence or occult spiritual hegemony. City-states from Ancient Greece were oligarchies. Oligarchs can simply be a privileged group. Oligarchy is not always a rule by wealthy people, but plutocracy is.

Democracy, Plutocracy, and Liberalism in William Graham Sumner - Byrne, William. Paper presented at the annual meeting of the MPSA Annual National Conference
Abstract: This paper examines William Graham Sumner's views on plutocracy and democracy, tensions within those views, and their relationship to his understanding of liberalism, in an effort to better inform contemporary political-philosophical discourse.

Democracy or Plutocracy? The Case for a Constitutional Amendment to Overturn Buckley v. Valeo - JONATHAN BINGHAM - The ANNALS of the American Academy of Political and Social Science, Vol. 486, No.1, (1986)
In the early 1970s the U.S. Congress made a serious effort to stop the abuses of campaign financing by setting limits on contributions and also on campaign spending. In the 1976 case of Buckley v. Valeo, the Supreme Court upheld the regulation of contributions, but invalidated the regulation of campaign spending as a violation of the First Amendment.

From Plutocracy to Pluralism: Managing the Emerging Technostructure.
Heterick, Robert C., Jr.; Sanders, William H. - EDUCOM Review, v28 n5 p22-28 Sep-Oct 1993
Abstract: Advocates the formulation of an information systems strategy for higher education in light of trends affecting the information age, including globalization, networking, restructuring, pluralism, and automation.

Herzl and the struggle within the Jewish plutocracy: The Rothschilds, Baron de Hirsch and Samuel Montagu - GUTWEIN D. - Siyywn ISSN 0044-4758
Abstract: Herzl's differentiation between the Rothschilds and the 'medium millionaires' refutes the conventional interpretation that Herzl considered the Jewish plutocracy to be a monolithic group with homogenous interests. Herzl did not specify the causes of the rivalry between the Rothschilds and the 'medium millionaires', and their opposing attitudes to Zionism. Based on an analysis of the economic, political and community interests of the Rothschilds on the one hand, and those of Hirsch and Montagu on the other, the article offers a new explanation of this rivalry. The article concludes that in Herzl's view the crucial division in the Jewish community was not class-based, but rather along the lines of a plutocracy.

THE USA CONFUSES PLUTONOMY AND ECONOMY AND ENDS WITH PLUTOCRACY. WHY THE CLINTON LEGACY IS PART OF THE PLUTOCRATIC PROBLEM, HAVING BEEN ALL ABOUT MONEY, AND WAR, NOT ECONOMY AND JUSTICE. - By Patrice Ayme - patriceayme.wordpress.com
REELECTING CLINTONS WILL ONLY ENCOURAGE THE PLUTOCRACY SOME MORE. HOW TO MAKE MONEY FROM PEOPLE’S FLESH, AND OTHER RECENT US SUCCESS STORIES.
Abstract: The USA used to have an economy (say in 1940). Now it has a plutonomy led by a plutocracy, and it has not been good for the majority of people on the planet, including average US citizens, who are hurt and mystified. In particular the plutonomy created HMOs, making money from people's lives.

Plutocracy and the Labor Movement - Braun, Jerome.
Abstract: Liberal cultural values and their political ramifications for meeting working-class interests through politics are discussed.