ghettocracy
n.— «There’s been a huge gulf between the have-gots and the have-nots, what I call the Afristocrats, the black Afristocracy, the black professionals, the upper bourgeois black people who have had enormous opportunity and educational access in America and have built wealth and so on, versus what I call the ghettocracy, the people stuck at the bottom.» —“The Left’s Race Playbook Never Changes” by Michael Dyson, Rush Limbaugh RushLimbaugh.com May 3, 2005. (source: Double-Tongued Dictionary)
Further reading
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