The disadvantages of Aristocracy are Decisions made by a small group, Higher chance of rebellion, Racism and the disadvantages of Plutocracy are Class conflict, Corruption, Greed, Selfish motives, Ignoring social responsibilities. As a coin has both sides, similarly, these governments also have demerits. Whereas, advantages of Plutocracy are Productive investment, Social spending. When you compare Aristocracy vs Plutocracy characteristics, what you are actually comparing are their merits and demerits.The advantages of Aristocracy are Faster process for the system, Less room for corruption, No single person rule. Plutocracy:Oxford Dictionary- A form of government in which nobility has power.Cambridge Dictionary- A government with rule by privileged group.Merriam-Webster Dictionary- A form of government in which the the best individuals or a small privileged class have power.Ĭompare Aristocracy vs Plutocracy Characteristics.Aristocracy:Oxford Dictionary- A form of government in which nobility has power.Cambridge Dictionary- A government with rule by privileged group.Merriam-Webster Dictionary- A form of government in which the the best individuals or a small privileged class have power.Some of the most notable dictionary meanings are given below: Similarly, the meaning of Aristocracy and Plutocracy varies in different dictionaries. ![]() The interpretion of any word may vary in different dictionaries. Aristocracy can be defined as Government in which power is in the hands of a few privileged people and Plutocracy can be defined as Government by the wealthy. The basic differentiating factor between Aristocracy and Plutocracy, is their definition.
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