lootocracy
Noun
Meaning
lootocracy (usually uncountable, plural lootocracies)
(derogatory) A corrupt political system in which the elite fraudulently help themselves to money or resources intended for other purposes.
Noun
lootocracy (usually uncountable, plural lootocracies)
(derogatory) A corrupt political system in which the elite fraudulently help themselves to money or resources intended for other purposes.