Used to describe a country in which there is effectively a dictatorship because of a long serving non-elected president or family line, but whose society most resembles a capitalist democracy. This is not necessarily a bad thing. Countries with this style include: Singapore, Tunisia.
"So much of the business here is owned by the same holding companies. Well, that is what happens when you live in a dictocracy."
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2million.