In order to hold high forms of public office, you need large amounts of money to pay for your campaigning. Offices of presidency usually cost $50,000,000+. This means the wealthiest citizens are the ones that can more or less hold Presidential office. Their loyalties usually lie with the wealthy, the elite social classes, and/or the major corporations. Is it just my opinion or are all the worldwide republics similar to Oligarchies and Plutocracies?
Plutocracy is rule by the wealthy, or power provided by wealth. In a plutocracy, the degree of economic inequality is high while the level of social mobility is low.
Oligarchy (Greek ὈλιγαÃÂÇία, OligarkhÃÂa) is a form of government where political power effectively rests with a small elite segment of society (whether distinguished by wealth, family, and/or military powers).
Definitions taken from www.Wikipedia.org
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