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What is a plutocracy?

What is a plutocracy? Here are some definitions.

Noun
  1. Government by the wealthy.
  2. A controlling class of the wealthy.
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Examples
Dark times are ahead because there is no republic anymore only a plutocracy.
And as skeptical as I am of majority opinion right now, it's better than the unbridled greed of the plutocracy we've got at present.
The danger is that plutocracy will prevail over democracy, that the free market will rule over the free citizen.
No one, whatever their conception of justice, can accept public policies which turn a democracy into a plutocracy.
They pointed out that a country ruled by the very wealthy is actually a plutocracy, not a democracy.
The country today is a plutocracy, a society run in the interests of billionaires and millionaires.

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