The term "plutocracy" is formally defined as government by the wealthy, and is also sometimes used to refer to a wealthy class that controls a government, often from behind the scenes. More generally, a plutocracy is any form of government in which the wealthy exercise the preponderance of political power, whether directly or indirectly
Credit: Progressive Living
Do we live in a plutocracy?
Citizens United allows unlimited anonymous contributions to be made to political PACs, putting just a hair's breadth between now and a government which is outright For Sale.
Corporations have received all of the benefits of Personhood without accepting any of the responsibilities of it. No corporation has ever been imprisoned for wrongful death due to willful negligence.
Lobbyists have the incumbent politicians running scared, more afraid to anger the corporations than they are their constituencies.
As far as I know, there's never been a plutocracy in its purest form, that is, a government which was sold at auction. Assuming that at some time a plutocracy has in fact existed, what would you point to as an example?
I say our current government is the most accurate representation in history. Can anyone find a better one?