gerontocracy
/ˌdʒɛrənˈtɑkrəsi/
noun
- A government, society, or organization in which older people hold most of the power and leadership positions.
- In a gerontocracy, decisions often reflect the values and experiences of the elderly.
- Some critics argue that the country has become a gerontocracy, with leaders well into their eighties.
- The company's gerontocracy meant that younger employees rarely got promoted to top management.