Timocracy

A timocracy (from Greek τιμή timē, "honor, worth" and -κρατία -kratia, "rule")^[1] in Aristotle's Politics is a state where only property owners may participate in government. More advanced forms of timocracy, where power derives entirely from wealth with no regard for social or civic responsibility, may shift in their form and become a plutocracy where the wealthy rule.^[2]