What characterizes a timocracy?

A timocracy is primarily characterized as a form of government in which honor and virtue play a key role, with the ruling class or individuals in power being motivated by their pursuit of honor rather than justice or wealth. This type of government suggests a society where the recognition of honorable actions and the status associated with them are what define power and influence. Individuals in a timocracy tend to value honor highly and often believe that political authority should be tied to those who demonstrate virtuous qualities, particularly in a military context.

While wealth and military power can be elements present in a timocracy, the defining characteristic is the emphasis on honor as the basis for political legitimacy and social hierarchy. Thus, the notion that timocracy is distinguished by an honor-based system accurately captures its essence, aligning with philosophical perspectives on governance that prioritize moral values over material wealth or egalitarian principles.