Can someone explain th Elite and class theory ? Im a freshman but Im taking college courses .

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Can someone explain th Elite and class theory ? Im a freshman but Im taking college courses .

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Elite and class theory, some points below. An upper-class elite rules, regardless of governmental organization. . Wealth is the basis of class power a few powerful Americans are the policymakers. .Big business and its power is at the center of most elite and class theories . The Regan Administration strongly promoted big business.
Elite theory, a part of the conflict perspective, is a theory which attempts to explain the political and social roles that people play within the class structure of society. This theory was a favorite of C. Wright Mills, and is popular today in the work of G. William Domhoff, who often points to this theory to explain the politics of America today. Essentailly, this theory explains how a small group of "ruling elite" own, manage, and dominate society, and economically control the rest of us.
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