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New word: Ineptocracy
Ineptocracy (in-ep-toc’-ra-cy): A system of government where the least capable to lead are elected by the least capable of producing, and where the members of society are least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of an ever diminishing number of producers. Source: Urban Dictionary (hat tip: Niels Jensen) 1 comment to New word: IneptocracyLeave a Reply | |||||||||||
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[…] post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail. New word: Ineptocracy was first posted on December 1, 2011 at 6:48 pm.©2011 “Investment Postcards from Cape […]