Kleptocracy Definition Coming from the Ancient Greek word “klepto” meaning “theft” and “cracy” meaning “rule,” kleptocracy means “rule by thieves,” and is used to describe governments whose leaders misuse their power to steal from their people. Through acts ofembezzlement, bribery, or o...
In 1913, U.S. PresidentTheodore Rooseveltwrote, “of all forms of tyranny, the least attractive and most vulgar is the tyranny of mere wealth, the tyranny of a plutocracy.” Plutocracy vs. Oligarchy An oligarchy is a type of government ruled by a small group of people chosen because of ...
The pejorative term “kleptocracy” is applied to a government tainted by widespread greed and corruption and headed by a person who has used the government for personal enrichment and gain. While the suffix “-ocracy” often implies a form of government, kleptocracies are not forms of ...
A utopia is the opposite of a dystopia. A utopia depicts a perfect society. A society that has solved all the problems humanity has to offer and lives in perfect harmony with itself. Needless to say, this type of society exists exclusively in fiction....
1 Definition A government which signifies blind trust towards the authority 1.1 Oxford Dictionary At the expense of personal freedom when obediece to authority is enforced then it is called as Authoritarian Government 0.1 Cambridge Dictionary
1 Definition A type of government where political authority is controlled by an individual or a political entity 1.1 Oxford Dictionary A form of government controlled by a ruler with total power over a country, typically one who has obtained control by force. 1.2 Cambridge Dictionary A type ...
Enron is one of the largest and most well-known examples of accounting fraud in financial history. Its demise also led to one of the largest corporatebankruptciesin history. As a result of the scandal, several key executives and other Enron personnel were prosecuted. For instance, the company'...
An optimistic view on the future of oil tends to be either that there is plenty of oil as long as we allow ourselves to extract it, or that the market will offer a timely replacement as oil production dwindles. In the video, resources such as oil are assumed to be there for the ...
Democracy Definition Meaning “rule by the people,” democracy is a system of government that not only allows but requires the participation of the people in the political process to function properly. U.S. PresidentAbraham Lincoln, in his famed 1863Gettysburg Addressmay have best defined democracy...
Definition and Examples By Robert Longley Published on February 10, 2021 An absolute monarchy is a form of government in which a single person—usually a king or queen—holds absolute,autocraticpower. In absolute monarchies, the succession of power is typically hereditary, with the throne passing ...