Kleptocracy Short note for Job preparation
Kleptocracy is a corrupt political system where leaders exploit national resources for personal gain. Common in authoritarian regimes, kleptocrats divert public funds, manipulate industries, and launder wealth abroad while weakening institutions to escape accountability.
Kleptocracy short note
Kleptocracy is a form of government where leaders use political power to enrich themselves and their associates instead of serving the public. The term, derived from Greek words meaning “rule by thieves,” describes corruption-driven governance. Though common in authoritarian regimes, kleptocratic tendencies can exist in democratic systems as well. Leaders misuse public funds, control state-owned enterprises, and launder wealth internationally while undermining legal and judicial institutions to evade accountability. This corruption often deprives citizens of essential services like healthcare, education, and infrastructure.
sort note Kleptocracy
A kleptocracy is a political system where those in power exploit national resources to benefit themselves and their close associates rather than the public. The term originates from the Greek words klepto (‘thief’) and kratos (‘rule’), meaning “rule by thieves.” While corruption of this nature has existed throughout history, the term was first used in the 19th century to describe such governance. Kleptocracies are mostly found in authoritarian or semi-authoritarian regimes, though they can also appear in democracies. Leaders in these systems divert public funds, misuse state-owned enterprises, and launder stolen wealth through foreign banks and real estate. They often weaken legal, judicial, and enforcement institutions to avoid consequences, ensuring their grip on power remains unchallenged.
