timocratic
/ˌtɪməˈkrætɪk/
adjective
- Relating to a form of government in which political power is based on wealth or property ownership.
- The philosopher Plato described timocratic societies as those that value honor and wealth above justice.
- The ancient Greek city-state of Sparta had a timocratic system where only landowners could vote.
- Some critics argue that modern campaign finance laws have created a timocratic influence in politics.