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Plutonomy vs Precariat - What's the difference?

plutonomy | precariat |

As nouns the difference between plutonomy and precariat

is that plutonomy is an economy that is significantly influenced by the very wealthy while precariat is people suffering from precarity, especially as a social class; people living a precarious existence, without security or predictability, especially job security.

plutonomy

English

Noun

(-)
  • An economy that is significantly influenced by the very wealthy.
  • The study of the production and distribution of wealth.

    • Quotations

    *1866 , Frederic Harrison, "Industrial Co-operation", in The Fortnightly Review , vol. III, page 499 *:''On this side it [Socialism] is a crude compromise between the claims of labour and of capital — the hybrid child of Plutonomy and Communism.

    Related terms

    *plutocracy *plutocrat *plutonomic

    Derived terms

    *plutonomist

    References

    * (2006)

    precariat

    English

    (wikipedia precariat)

    Noun

  • (sociology) People suffering from precarity, especially as a social class; people living a precarious existence, without security or predictability, especially job security.

    • Related terms

    * precarious * precarity