Kleptocracy

  • corrupt legislation, painting by elihu vedder

    kleptocracy (from greek κλέπτης kléptēs, "thief", κλέπτω kléptō, "i steal", and -κρατία -kratía from κράτος krátos, "power, rule") is a government with corrupt leaders (kleptocrats) that use their power to exploit the people and natural resources of their own territory in order to extend their personal wealth and political powers. typically, this system involves embezzlement of funds at the expense of the wider population.[1][2]

    kleptocracy is different from a plutocracy (society that is ruled or controlled by people of great wealth or income) and oligarchy (a form of power structure in which power rests with a small number of people distinguished by wealth, education, religious status etc.). a kleptocracy is a government ruled by corrupt politicians who use their political power to receive kickbacks, bribes, and special favors at the expense of the populace, or simply direct state resources to themselves, relatives or associates. kleptocrats may use political leverage to pass laws that enrich them or their constituents and they usually circumvent the rule of law.

  • characteristics
  • financial system
  • effects
  • examples
  • other terms
  • see also
  • references
  • further reading

Corrupt Legislation, painting by Elihu Vedder

Kleptocracy (from Greek κλέπτης kléptēs, "thief", κλέπτω kléptō, "I steal", and -κρατία -kratía from κράτος krátos, "power, rule") is a government with corrupt leaders (kleptocrats) that use their power to exploit the people and natural resources of their own territory in order to extend their personal wealth and political powers. Typically, this system involves embezzlement of funds at the expense of the wider population.[1][2]

Kleptocracy is different from a plutocracy (society that is ruled or controlled by people of great wealth or income) and oligarchy (a form of power structure in which power rests with a small number of people distinguished by wealth, education, religious status etc.). A kleptocracy is a government ruled by corrupt politicians who use their political power to receive kickbacks, bribes, and special favors at the expense of the populace, or simply direct state resources to themselves, relatives or associates. Kleptocrats may use political leverage to pass laws that enrich them or their constituents and they usually circumvent the rule of law.