Ineptocracy – new word definition

Just came across a new word: Ineptocracy (noun)
Definition: a system of government where the least capable to lead are elected by the least capable of producing, and where the members of the society least likely to sustain themselves or succeed, are rewarded with goods & services paid for by the confiscated wealth & work of a diminishing number of producers.

Every democracy eventually turns into an ineptocracy as large swathes of the population realise that they can vote in politicians who will do anything they can to hang on to power – most especially by kicking the can down the road. This is why democracies tend to go bust.

Copyright © Mark Speed 2012-13 WordPress theme: Kippis 1.15