Top Definition
"Zerocracy" is the system of economic government where revenues cover expenditures, thus preventing deficits, national debt, and the undemocratic and unfunded favoring of politically influential segments of the population. Democracies that balance their books become zero-debt and zero-deficit democracies, hence known as "Zerocracies".
Democracies that balance their books become zero-debt and zero-deficit democracies, hence known as "Zerocracy".
by harropmike May 16, 2011
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