Timocracy

  • A form of government where rule is based on the amount of property or wealth owned by individuals.
  • In Plato’s philosophy, it is a transitional form of government between aristocracy and oligarchy, characterized by a love of honor and military prowess.

Example

In a timocracy, citizens with significant landholdings might have more voting power or be eligible for higher offices.

Synonyms

  • Similar: Plutocracy, Oligarchy, Stratocracy, Meritocracy

Etymology

  • From Greek timē (honor, worth, value) and kratos (rule, power). It literally means “rule by honor” or “rule by worth.”

Denotations

  • In Plato’s Republic, timocracy is depicted as a state ruled by ambitious men who love honor, often leading to a focus on military strength and a decline from the ideal aristocratic state, eventually giving way to oligarchy.

Frequently Asked Questions

Timocracy