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kleptocracy

1 of 1noun
/ˌklɛptəˈkræsi/
Forms:kleptocracies
1

a form of government in which corrupt leaders use their power to exploit the country's resources for personal gain

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  • A kleptocracy is a government system where corrupt leaders use their power to exploit the resources and wealth of a country for personal gain.
  • Under the rule of the kleptocracy, public funds are often misappropriated, leading to widespread poverty and economic stagnation.
  • The downfall of the kleptocracy was inevitable as the citizens grew increasingly discontented with the rampant corruption and inequality.
  • International efforts are often needed to combat kleptocracy, including sanctions and measures to freeze illicit assets held by corrupt officials.
  • In a kleptocracy, the interests of the ruling elite are prioritized over the welfare of the population, leading to systemic corruption and injustice.