SOCA01H3 Lecture Notes - Lecture 12: Military Elite, Elite, C. Wright Mills
2 Dec 2013
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Document Summary
Educational elite varies by society, not the most important of the elites, it"s the status that"s important. Entertainment elite (etc. judicial elite, us supreme court is extremely powerful. Elite power: pluralist model elites have different interests. Power elite model elites have similar interests coordinate actions. Power is concentrated a ruling conspiracy (or class) c. w. mills, the power elite i. e. military industrial complex in us. affect tax structure federal income tax coporations: paid more in 1961 than they did in 2001 individuals; paid less in 1961 than they did in 2001. Too big to fail dodd-frank act complex as hell. >>>> passed but regulations not enacted. >>>> not limit firm size no prosecutions of ceos, etc. Jp morgan chase fined 12 billion for misleading mortgage sales. Jp morgan chase, the largest bank in the us, has nearly tripled in size during the past 10 years. Problem of showing coordination similar backgrounds etc. not descisive.
