Aristocracy
The Ancient Greek term aristocracy meant a system of government with "rule by the best". This is the first definition given in most dictionaries. The word is derived from two words, "aristo" meaning the "best" and "kratia" "to rule". Because everyone has different ideas about what is "best", especially in relation to government, the term is tricky to apply in this sense. Aristocracies have most often been hereditary plutocracies (see below), where a sense of historical gravitas and noblesse oblige demands high minded action from its members.
See also
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