aristocracy
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n. Government by the best of men – fellows with fancy hats, clean shirts, and guilty of education and suspect bank accounts (the term is now obsolete as the political theory has proven self-contradictory).

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Cynical Quotations

There are no wise few. Every aristocracy that has ever existed has behaved, in all essential points, exactly like a small mob.

— G. K. Chesterton

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In Europe, aristocracy is founded upon land. In the United States, it is founded upon real estate.

— H.L. Mencken

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