What's the word I'm thinking of? Today, it's....
kakistocracy [kak-ih-STOK-ris-see] (noun) TWITO, page 79
Government by the worst, least qualified or most unprincipled
"Is ours a government of the people, by the people, for the people, or a kakistocracy rather, for the benefit of knaves at the cost of fools?"
--James Russell Lowell, “Letter to Joel Benton” (1876)