New word: Ineptocracy By Prieur du Plessis, on December 1st, 2011 posted in: Economy, Geopolitical  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) Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail. | Don Coxe’s Weekly WebcastPodcast – Dow Jones One minute - every hour - weekdays
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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 […]