Portmanteau of plutocracy (rule of the wealthy) and oligarchy (rule of the few). Rule of the wealthy few. plutoligarchs have a lot of political influence and can get the legislature to legislate laws for their benefit. They also usually spend a massive amount of money on advertisements the like to influence the opinions of commonfolk. In these kinds of governments, the rich get richer and the
poor get poorer. Plutoligarchy can
cross from
corporatism (aka capitalism) to communism.