A nation's wealth is too serious a matter to be left to the wealthy. The riches of a nation belong to all, to be shared among all for the general welfare.
The United States is dangerously close to being a plutocracy. A third of the private wealth is owned by less than 5 percent of the population.
The second corruption of the state is oligarchy (oligos = few),in which the military elite is narrowed down to a few ruling families of immense wealth and prestige, who now openly flaunt their wealth and possessions.