Not for long.
Plutocracies can not long endure.
I disagree. What the plutocrats have done is to take over services and commodities that you believe you can not live without in the modern world.
You don't want to drive that gas guzzler or heat your home in winter? Fine, don't buy my oil.
You don't want to treat that disease? Fine, don't buy my drugs.
You don't want to buy a house? Fine, don't borrow my money.
They have moved into food BTW.