Someone who has influence due to his wealth: Who is called a plutocrat?

In the 20th century, this concept belonged to the national socialists and was used by Propaganda Minister Goebbels. (He even calls his father-in-law a "plutocrat" in his diaries.) In Nazi language, the term plutocrat was the name of Great Britain and the USA, that is, the great "capitalist powers" of the world. Western democracy, according to the Nazis, was a system that was effectively run and governed by a small group of rich people. Of course, it was pointed out that Jews were behind this plutocracy.

The Nazis initially opposed the highways, which they would later focus on building, as "luxury roads that would serve the plutocrats". “The luxurious life of the plutocrats” was the political tabloid material that the Nazi press used with pleasure to address the resentment of the poor.

A plutocracy (from Ancient Greek πλοῦτος (ploûtos) 'wealth', and κράτος (krátos) 'power') or plutarchy is a society that is ruled or controlled by people of great wealth or income. The first known use of the term in English dates from 1631. Unlike most political systems, plutocracy is not rooted in any established political philosophy.

The concept of plutocracy in Nazi language was a naked example of fascism's anti-capitalism demagoguery. A demagogy that antagonizes 'a handful' of exploiters and rich exploiters, instead of addressing capitalism as a system... A scapegoat 'project' on which to pour the discontent of the oppressed, laborers, and the unemployed, in line with the conspiracy mentality...

In the 21st century, we see that plutocracy has become the talk of the left. Specifically, the American left.

Kevin Phillips, who also advised Nixon, explained in his book Wealth and Democracy: A Political History of the American Rich, published in 2002, that the "American monetary aristocracy" established a plutocratic dominance. When the first American-dollar millionaire appeared in 1790, his annual income had a ratio of 1/4000 to the average income of $250.

In the mid-19th century, the ratio of the annual income of the richest American to the average income increased to 1/80,000. In Bill Gates' case, the ratio is 1/1,500,000. Phillips claimed that this disproportionate ratio turned the USA into a plutocratic order in which only those with big money could be elected.