Advantages and Disadvantages of Kleptocracy

Kleptocracy: Definition, Features, Types, Pros & Cons

Kleptocracy: Definition, Features, Types, Pros & Cons

Kleptocracy is a form of government which is characterized by the systematic and institutionalized theft of public funds and goods by its elites.

In a kleptocracy government, rulers and like-minded elites engage in robbery in a normalized way. To such an extent that there is an institutionalization of corruption. In democracies, theoretically, the income and money obtained after government tax collection is reinvested in the form of public services.


error: Content is protected !!