Despotism
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Despotism is a form of government by a single authority, either an individual or tightly knit group, which rules with absolute political power. In its classical form, a despotism is a state where one single person, called a Despot, wields all the power and authority, and everyone else is considered their slave. This form of despotism was the first known form of statehood and civilization; the Pharaoh of Egypt is exemplary of the classical Despot.
The term now implies tyrannical rule. However, in enlightened absolutism (also known as benevolent or enlightened despotism), which came to prominence in 18th century Europe, absolute monarchs used their authority to institute a number of reforms in the political systems and societies of their countries. This movement was probably largely triggered by the ideals of the Age of Enlightenment.
Even though the word has a pejorative meaning nowadays, it was once a legitimate title of office in the Byzantine Empire. Just as the word "Byzantine"...
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