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Full Definition of DESPOTISM. 1. a: rule by a despot b: despotic exercise of power. 2. a: a system of government in which the ruler has unlimited power: absolutism b: a despotic state.
Sack wrote: When a despotic regime contracts a debt, not for the needs or in the interests of the state, but rather to strengthen itself, to suppress a popular insurrection, etc, this debt is odious for the people of the entire state.