Sunday, July 12, 2015

Cleptocracy or Kleptocracy - rule by thieves

Kleptocracy, alternatively cleptocracy or kleptarchy, (from Greekκλέπτης - kleptēs, "thief"[1] and κράτος -kratos, "power, rule",[2] hence "rule by thieves") is a term applied to a government seen as having a particularly severe and systemic problem with officials or a ruling class (collectively, kleptocrats) taking advantage of corruption to extend the personal wealth and political power. Typically this system involves the embezzlement of state funds at the expense of the wider population, sometimes without even the pretense of honest service. Source: Wikipedia

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