Useful new word

Laura and I were talking about things we want in a house and how we want to avoid homeowners' associations. I pointed out even if the rules seem okay they can be changed by the association. In practice that means those with no lives who want to spend all their time in homeowners' association meetings get to run the place. So I figured there had to be a greek word for this . . . and found "argos", greek for lazy, idle, or unemployed. No relation to the guy with the eyes, it's from "a-ergos" = "no work". So we get:

Argocracy - rule by those with no useful work to do.

I think that might apply to more than homeowners' associations.