timocratic
/ˌtɪməˈkrætɪk/Definitions
1. noun
Relating to or characteristic of a system of government in which the wealthy hold power.
“The aristocratic society was criticized for its timocratic tendencies, where the rich controlled the economy and politics.”
2. adjective
Characterized by or relating to a system of government in which the wealthy have power.
“The politician’s timocratic views on taxation sparked a heated debate among the public and his fellow lawmakers.”