a combining form occurring in loanwords from Greek (aristocracy; democracy ); on this model used, with the meaning “rule,” “government,” “governing body,” to form abstract nouns from stems of other origin: mobocracy; bureaucracy.
Compare -crat.

< Middle French -cracie (now -cratie) < Late Latin -cratia < Greek -kratia, equivalent to krát(os) rule, strength, might (akin to hard) + -ia -y3

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World English Dictionary
n combining form
See also -crat indicating a type of government or rule: plutocracy; mobocracy
[from Greek -kratia, from kratos power]

Collins English Dictionary - Complete & Unabridged 10th Edition
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Word Origin & History

comb. element forming nouns meaning "rule or government by," from Fr. -cratie or M.L. -cratia, from Gk. -kratia "power, might; rule, sway; power over; a power, authority," from kratos "strength," from PIE *kratus "power, strength" (see hard). The connective -o- has come to
be viewed as part of it. Productive in English from c.1800.
Online Etymology Dictionary, © 2010 Douglas Harper
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