A Plutocracy is merely an Oligarchy by virtue of wealth. It’s not as if you or I could ever earn enough money legitimately to move up to the ruling class. That makes it functionality indistinguishable from an Oligarchy that is hand picked by arbitrary factors.
No, we will never be an oligarchy. A plutocracy, yes, but I think money is the deciding factor here.
A Plutocracy is merely an Oligarchy by virtue of wealth. It’s not as if you or I could ever earn enough money legitimately to move up to the ruling class. That makes it functionality indistinguishable from an Oligarchy that is hand picked by arbitrary factors.