The country should rather choose ergatocracy more than plutocracy
A Plutocracy government is a government ruled by the wealthy and rich while an Ergatocracy is a government dominated by the labor and solidarities similar to those of communist beliefs. It is short for a society ruled by the working class. Both governments are not the appropriate governments to have as a country. However, Ergatocracy as compared to Plutocracy would be the most preferred. In a Plutocracy government, money is the ultimate power and things like racism, slavery, and sexism are all consequences of Plutocracy.