What Is Plutocracy?

Plutocracy is an old biblical proverb about rich nations trying to rid themselves of any change that upsets their empire and creates plutocrats. Plutocracy, or “plutarchy,” is a society governed and controlled by the people with the greatest wealth and income. Aristotle used the term to refer to a small privileged group that exercises despotic

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How To Determine A Good Stock Investment?

How to buy shares or if you’re looking for a good, beginner-friendly investment idea, it is a good idea to learn the concept of diversification, which means that you should have a variety of different types of companies in your portfolio. If an industry proves too small to value a particular type of stock, it

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What Is Aristocracy?

Aristocracy or oligarchy is a form of government in which a small group of people rules over a society. Aristocracy consists of those who are considered to be the best able to govern, assume moral and intellectual superiority, and are genetically passed down through the family line. Whether representative democracies, parliamentary monarchies, or both, people

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What Is A Trust Fund Baby?

Most often you will see parents setting up trust funds for their children, but this knowledge is not so commonplace. For example, you can set up the following points: A trust fund that you can use for retirement, or a pension fund for your children. When you think of a baby from a trust fund,

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What Is Tyranny?

The terms “authoritarian” and “totalitarian dictatorship” are well suited to describe the most despotic and tyrannical forms of government. Although they speak of the same general concept of tyranny, authoritarian and totalitarian dictatorships, despotism and tyranny behave with slightly different connotations. It is not limited to constitutions and laws, but to all forms of government,

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What Is Capitalism?

Capitalism is an economic system that emerged in Europe in the 16th and 17th centuries and is organized around the idea of using workers to produce goods and services. In practice, it creates an economy based on private companies that want to make profits and grow. It is a form of capitalism that organizes the

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