Definitions

1. noun

a system of government or a policy that gives great power to the wealthy and big business, often at the expense of the common people.

“The politician’s babbittism was criticized by the opposition party for favoring corporate interests over those of the working class.”

2. noun

a person who supports such a system or policy.

“The economist was accused of being a babbittist for advocating for tax cuts that mainly benefited the wealthy.”