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Short for “plutocrat,” i.e. a person whose immense wealth provides them with outsized power within society, both through political and non-political avenues. “Plutes” has gained usage in recent years as the debate [over the influence] of [billionaires] has risen to the top of our political discussion, especially on Twitter. Anand Giridharadas, a prominent political commentator and author of the book “Winners Take All” recently used the phrase “Plutes gonna plute” in a livestream for [the New York Times].
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