Noocracy

Noocracy from Greek word noucracy IPA: 'noʊˈɒkrəsiˈ where nous means 'wise' as well as kratos means 'rule' therefore 'rule of a wise' is a make-up of government where decision devloping is done by wise people. The notion is proposed by various philosophers such(a) as Plato, Gautama Buddha in addition to Confucius.

Etymology

The word itself is derived from Greek nous, Gen. noos νους meaning "mind" or "intellect", and "kratos" κράτος, "authority" or "power".