I had to look that word up. It's so on the money with our current government and parasite's.
kakistocracy kăk″ĭ-stŏk′rə-sē, kä″kĭ- noun
Government by the least qualified or most unprincipled citizens.
Government by the worst men in the state: opposed to aristocracy, government by the best men.
Government by the worst men.
I would add that there now are SO MANY people raised in complete luxury that they have never had a serious worry about learning a trade or supporting themselves or their families.
They are set forever. Their progeny is set forever.
So they have nothing to do in their lives. Nothing to accomplish.
Boomers in the 60s learned Maslow's Triangular hierarchy of meeting needs: food, shelter, water at the bottom, and more rarefied and luxurious at the top.
At the very top is 'Self Actualization' where people have all their needs met.
Trouble is, BAD things happen when one's every need is met. Such a person becomes a tyrant in the extreme: Lazy, irrational, irresponsible, vain, decadent, etc.
Problem with the world now is we have too many people like that. Way more than a percent or two. The wealth is hidden. And they are causing a lot of trouble.