dollar democracy

"Dollar democracy" underscores the impact of financial power on political and economic systems, particularly in the United States and Canada.

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Definition

(informal, US, Canada)A system where financial contributions and economic power heavily influence political decisions and policies.

Critics argue that dollar democracy undermines the principles of fair representation.

(informal, US, Canada)The ability of consumers to affect the economy and business choices through their spending habits.

In a dollar democracy, consumers can drive change by choosing to support ethical businesses.

Terms that have similar or relatively close meanings to "dollar democracy":