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[–] • 3 pts

The term is "kakistocracy".

[–] • 0 pt

That's just rule by the most inept.

When you get to the end they're describing communism.

[–] • 2 pts

Do not let them trick you into believing it is ineptitude. These things are done deliberately.

[–] • 1 pt

Sounds like the average ceo.

[–] • 0 pt

There's already a made up word for that. "Idiocracy"