There was also a percentage of hierarchies that, through their wealth, consolidated their introduction into government rights. Plutocracy in the Middle AgesĪccording to Rafael Sánchez Saus, an expert author in medieval history, during the Middle Ages it was not necessarily the oldest families that had access to power, as is generally believed. For this reason, Rafael Atienza argues that all - cracias are exclusive, since it implies that the Kratos or the power is characteristic of a certain group of people.Īs a consequence, a set of reforms was carried out that introduced citizen suffrage for the first time. The term plutocracy ( ploutokratia) comes from the union of two Greek words: it is composed of ploutos, which means "wealth" Y Kratos, which means "power". However, other authors such as Ariño Villaroya defend the possible configuration of a global plutocracy in the coming years, arguing that this social category is constantly growing since the globalization process that began in the eighties. Likewise, some experts consider that the different cracias they have been losing their authorship in modern western societies, since at present it is sought to defend democracy above any other form of government. In other words, according to this author, any term that has the suffix - cracia it will always be exclusive because it necessarily implies that not everyone can command power can only be given to a particular group of people. However, authors such as Rafael Atienza establish that any term with the Greek suffix - cracia It ends up being exclusive, since this suffix refers to a particular form of government or power that marginalizes the rest of the population, such as theocracy, hierocracy - government of the priests - or bureaucracy. Generally, the term plutocracy is used in a pejorative sense, since it is considered that this form of government violates democratic values and the principles of equality, since this oligarchy is based on the exclusion of other social groups that, because they do not have money They are not part of the political decisions of the State. The plutocracy it is a form of government or oligarchy in which a community is governed by a wealthy minority In other words, it is a state that is controlled by a group of people belonging to the richest stratum of society. Odebrecht scandal: plutocracy as a political model?.
Examples of Latin American countries with plutocracy.
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