Plutonomy Definition

noun
An economy that is significantly influenced by the very wealthy.
Wiktionary

The study of the production and distribution of wealth.

Wiktionary

Origin of Plutonomy

  • In occasional use since 19th century, re-coined 2005 by team of Citigroup global strategist Ajay Kapur to describe economies with significant income and wealth inequality, subsequently popularized.

    From Wiktionary

  • Blend of plutocracy and economy, from Ancient Greek roots πλοῦτος (ploutos, “wealth”) + νόμος (nomos, “law”) (English -nomy).

    From Wiktionary

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