New word for today:
A government system where the least capable to govern are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the diminishing number of producers, and all this promoted by a populist and demagogic left that preaches theories, which it knows have failed where they have been applied, to people it knows to be idiots.
Here’s another one. Generally goes hand-in-hand with Ineptocracy.
Pitutocracy, from the Chilean Pituto.
Es aquí donde surge el clásico concepto de “pituto”, el cual refiere a un “contacto personal” que sirve para obtener beneficios como podría ser un empleo.