tycoonocracy

== English == === Etymology === From tycoon +‎ -o- +‎ -cracy. === Noun === tycoonocracy (uncountable) (colloquial, rare) A rule by tycoons, a plutocracy. 1997, Reuters News Service, “Party quits Hong Kong race”, Nov. 28 1997: “Hong Kong's economic elites simply do not need further advantages,” he said [Martin Lee of The Democratic Party of Hong Kong], adding that the change would help turn Hong Kong into a “tycoonocracy.” 2011, Joseph Y. S. Chenga, Journal of Comparative Asian Development, “Goodstadt, Leo F. (2007). Profits, politics and panics — Hong Kong's banks and the making of a miracle economy, 1935–1985. Hong Kong: Hong Kong University Press, xi, 315 pp.”, Volume 10, Issue 1, 2011, pages 186–196, DOI:10.1080/15339114.2011.578493 He labels these unhealthy links between the government and unelected, quasi-hereditary business elite as “tycoonocracy”. Unfortunately, since the publication of this book in 2007, the phenomenon of “tycoonocracy” has become more conspicuous. 2014, The Times, “Home truths that are driving the Hong Kong protest”, Oct 7, 2014: It is no coincidence that the city’s tycoonocracy is being blamed for both betrayals. ==== Usage notes ==== Particularly used of Hong Kong, partly due to its Asian origin and the usage of tycoon. ==== Related terms ====