In sociology an upper class is the group of people at the top of a social hierarchy. Members of an upper class may have great power over the allocation of resources and governmental policy in their area, but only to the extent that the power of the state can intervene in free exchange or distort investment. This expression of class refers to access to power. Power is expressed through the the state or through the marketplace. A market exchange is...
more
In sociology an upper class is the group of people at the top of a social hierarchy. Members of an upper class may have great power over the allocation of resources and governmental policy in their area, but only to the extent that the power of the state can intervene in free exchange or distort investment. This expression of class refers to access to power. Power is expressed through the the state or through the marketplace. A market exchange is one expression of society (society being understood as spontaneous unfettered exchange between or among individuals of leisure, goods, ideas and the artifacts of culture). Under the market, the consumer has decided the apportionment of the success to any upper class, a status that is fluid and as vulnerable to failure as to success. Without special access to the political means of acquiring or allocating wealth ( the political means requires force or the threat of force), and useful only if the state has exceeded its proper role, the upper...
less