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Part of the Business terms glossary: A holacracy is a governance structure characterized by a distribution of power among self-organizing groups, rather than the top-down authority in the typical hierarchical corporate culture model. A holacracy provides a flat management structure that distributes authority.
Plutocracy (from Greek ÏÎ»Î¿á¿¦ÏÎ¿Ï, ploutos, meaning wealth, and ÎºÏÎ¬ÏÎ¿Ï, kratos, meaning power, dominion, rule) or plutarchy, is a form of oligarchy and defines a society ruled or controlled by the small minority of the wealthiest citizens.The first known use of the term was in 1652.ne modern, formal example of what some critics have described as a plutocracy is the City of London. The City (not the whole of modern London but the area of the ancient city, about 1 sq mile or 2.5 km2, which now mainly comprises the financial district) has a unique electoral system for its local administration.