English edit

Etymology edit

Neologism, from Greek τράπεζα (trápeza, bank) + -cracy. Attested in 2011 in the writings of Yanis Varoufakis. Saw increasing Internet usage during and after the Occupy Wall Street protests.[1][2]

Noun edit

trapezocracy (uncountable)

  1. (politics, neologism) political domination by banks; bankocracy.
    • 2011, Y. Varoufakis, J. Halevi, N. Theocarakis, Modern Political Economics: Making Sense of the Post-2008 World, Routledge:
      Hope may not, currently, shine brightly. The light on the hill may be dim, imperceptible. But if there is a light, it comes from the original idea of democracy as the only possible antidote to trapezocracy and to the calamities that it has in store for us.

References edit