![]() ![]() However, the main difference between plutocracy and aristocracy is their ruling class plutocracy is the government by the wealthy whereas aristocracy is the government by the nobility, the hereditary ruling class. Plutocracy and aristocracy are two forms of oligarchy, which refers to the rule by an elite few. Moreover, in a plutocracy, the power may not be hereditary, i.e, the children of the ruling class may not always inherit the ruling power other wealthy individuals may come into power. In a plutocracy, the government is exclusively controlled by wealthy people whereas, in an aristocracy, the government is controlled by nobles. Plutocracy is the government by the wealthy whereas aristocracy is the government by the nobility, the hereditary ruling class. However, some countries are sometimes pejoratively called these terms.ĭifference Between Plutocracy and Aristocracy Definition ![]()
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