it is as Adamo says......
The Greeks had a term for this -- Kakistocracy.
SYLLABICATION: kak·is·toc·ra·cy
PRONUNCIATION: kk-stkr-s, käk-
NOUN: Inflected forms: pl. kak·is·toc·ra·cies
Government by the least qualified or most unprincipled citizens.
ETYMOLOGY: Greek kakistos, worst, superlative of kakos,bad; see caco + cracy.