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Showing posts from January 18, 2023

What Is Kleptocracy? Definition and Examples.

What Is Kleptocracy? Definition and Examples Is This what the USA has become? Does any of this sound familiar?   By Robert Longley Published on February 09, 2021 Kleptocracy is a form of government in which the leaders, known as kleptocrats, use their political positions of power to gain or increase their personal wealth by stealing money and valuable resources from the countries they rule. While both forms of government imply a degree of corruption, kleptocracy differs from plutocracy—government by the wealthy, for the wealthy. Key Takeaways: Kleptocracy A kleptocracy is a form of government in which the rulers use the power of their   positions to steal from the people. Kleptocracy tends to occur in poor countries under authoritarian forms of government where the people lack the political power and financial resources to prevent it. In contrast to plutocracy—government by the wealthy—the leaders of kleptocracies enrich themselves after taking power. Recent examp...