To read the full version of this content please select one of the options below:

The Counter-Cyclical Character of the Elite

Elites on Trial

ISBN: 978-1-78441-680-5, eISBN: 978-1-78441-679-9

ISSN: 0733-558X

Publication date: 10 February 2015

Abstract

This paper begins by outlining the basic attitudinal differences between the elite and the rest of society. Understanding these divergent views does not require resorting to arguments that reply upon error, ignorance, manipulation, or differences in individual character. Instead, both elites and others are correct in their understanding of these processes because they overgeneralize from their own experience. The major proposition of this paper is that if we compare the economic conditions of the average American and to that of the elite, we find that they are, in important ways, the inverse of one another. During times when Americans as a whole were experiencing economic advancement and mobility, elites were comparatively stagnant. And today, as most Americans are locked in place, elites observe tremendous mobility. The counter-cyclical character of the elite has important implications for our understanding of elite culture, and elite response to inequality and redistribution.

Keywords

Citation

Khan, S.R. (2015), "The Counter-Cyclical Character of the Elite", Elites on Trial (Research in the Sociology of Organizations, Vol. 43), Emerald Group Publishing Limited, Bingley, pp. 81-103. https://doi.org/10.1108/S0733-558X20150000043015

Publisher

:

Emerald Group Publishing Limited

Copyright © 2015 Emerald Group Publishing Limited