When the 1% governs a Democracy; the 'democracy' transforms into a Plutocracy.

When the 1% takes over a Democracy; the 'demise' of democracy gives 'birth' to a Plutocracy. That means that the Top of Government becomes 'motored' by economic principles, instead of Democratic principles. Plutocracy is motored by 'Money', or the 'Haves', not 'Democracy'. Plutocracy is motored by economic Principles, not Political Principles. Plutocrats are never Politically motivated, they usually do not have a 'single political bone' in their Body. But, don't kid yourself, they know that Political Office has 'Political Power' and they also 'aspire to Power'. In other words, a Plutocrat is not concerned with the 'Freedom and Equality' of the Individual, at the Bottom of Government; he is concerned with economic Principles 'driven' by Profits which produce 'more and more' of the same, viz., Money. His or her primary concern will be to retain the same level of 'Economic welfare', especially 'for the People', or, to promote 'higher levels' of economic welfare, which accrues to the benefit of the 'Plutocratic arrangement'. Plutocracies usually do not become Democracies ( unless there is a Social Revolution), but Democracies can 'slip into' Plutocracies 'very easily'. The only requirement for a Democracy to 'slip into' a Plutocracy, is that the 'political focus' changes from Freedom and Equality of every Individual, to 'more and more of the same', or, simply, Money. 'Money' is a 'result', a 'result' of an Economic Principle, which has replaced the Political Principle of Freedom and Equality. A Plutocrat usually appears politically inept, politically unsophisticated, completely untutored in Political Principles, and economically 'heavy', or solely concerned with Money. The 1% holds the 'medium of exchange' 'hostage' and that means that the 'Bottom of Government( the People)' will no longer have an opportunity to work, invest, save, or use, a medium of exchange that was meant to 'circulate'. The 99% will have less than they do now, and the system will be so-changed that the 'democratic spirit' will become 'helpless', effete, in a 'social system' designed to make 'more profits' for the 1% and 'less' and 'less', for the People. Don't be fooled by promises of 'more money', 'more wages', 'more benefits', 'more Jobs', for the Individual. In a Plutocracy, all 'benefits' translate into 'more Profits' for the 1% and the Corporations. The 1% and the 'Corporations' will get 'Fatter'; the 99% will get 'thinner'. Where are the Statesmen?