Posted inDifference Between Government & Politics

Differences Between Power and Authority

The difference between power and authority is that power is a capacity and authority is a skill. In this sense, power can be acquired, while authority depends on a person's ability to influence others. Power is the ability to subordinate other people or to dominate a situation. Authority is the ability to influence others without the need for them to be subordinate.
Trade Disputes
Posted inGovernment & Politics

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.