Gregory's Server@yogthos Technically, it's acting more like a plutocracy. If the bulk of the elected officials only listen to people of wealth over the voting body, it is essentially governed by the self-interested persons of wealth instead of the good of the public.
@rgod8855 incidentally, there's a great study on the subject confirming this https://www.cambridge.org/core/journals/perspectives-on-politics/article/testing-theories-of-american-politics-elites-interest-groups-and-average-citizens/62327F513959D0A304D4893B382B992B