The Corporate Rich and the Power Elite in the Twentieth Century demonstrates exactly how the corporate rich developed and implemented the policies and created the government structures that allowed them to dominate the United States. The book is framed within three historical developments that have made this domination possible: the rise and fall of the union movement, the initiation and subsequent limitation of government social-benefit programs, and the postwar expansion of international trade. The book’s deep exploration into the various methods the corporate rich used to centralize power corrects major empirical misunderstandings concerning all three issue-areas. Further, it explains why the three ascendant theories of power in the early twenty-first century—interest-group pluralism, organizational state theory, and historical institutionalism—cannot account for the complexity of events that established the power elite’s supremacy and led to labor’s fall. More generally, and convincingly, the analysis reveals how a corporate-financed policy-planning network, consisting of foundations, think tanks, and policy-discussion groups, gradually developed in the twentieth century and played a pivotal role in all three issue-areas. Filled with new archival findings and commanding detail, this book offers readers a remarkable look into the nature of power in America during the twentieth century, and provides a starting point for future in-depth analyses of corporate power in the current century.

This book critiques and extends the analysis of power in the classic, Who Rules America?, on the fiftieth anniversary of its original publication in 1967—and through its subsequent editions. The chapters, written especially for this book by twelve sociologists and political scientists, provide fresh insights and new findings on many contemporary topics, among them the concerted attempt to privatize public schools; foreign policy and the growing role of the military-industrial component of the power elite; the successes and failures of union challenges to the power elite; the ongoing and increasingly global battles of a major sector of agribusiness; and the surprising details of how those who hold to the egalitarian values of social democracy were able to tip the scales in a bitter conflict within the power elite itself on a crucial banking reform in the aftermath of the Great Recession. These social scientists thereby point the way forward in the study of power, not just in the United States, but globally. A brief introductory chapter situates Who Rules America? within the context of the most visible theories of power over the past fifty years—pluralism, Marxism, Millsian elite theory, and historical institutionalism. Then, a chapter by G. William Domhoff, the author of Who Rules America?, takes us behind the scenes on how the original version was researched and written, tracing the evolution of the book in terms of new concepts and research discoveries by Domhoff himself, as well as many other power structure researchers, through the 2014 seventh edition. Readers will find differences of opinion and analysis from chapter to chapter. The authors were encouraged to express their views independently and frankly. They do so in an admirable and useful fashion that will stimulate everyone’s thinking on these difficult and complex issues, setting the agenda for future studies of power.

The author is convinced that there is a ruling class in America today. He examines the American power structure as it has developed in the 1980s. He presents systematic, empirical evidence that a fixed group of privileged people dominates the American economy and government. The book demonstrates that an upper class comprising only one-half of one percent of the population occupies key positions within the corporate community. It shows how leaders within this "power elite" reach government and dominate it through processes of special-interest lobbying, policy planning and candidate selection. It is written not to promote any political ideology, but to analyze our society with accuracy.

The 8th edition, already significantly updated, has now been further updated in 2023 to include the likely impact of the post-pandemic cutbacks, the overturning of Roe v Wade, and the Trump indictments on the 2024 national elections. These factors could lead to more economic growth and social support for families, schools, and health care--or an increase in inequality, white male supremacy, and social strife, depending on the size of the voter turnout by younger voters. At this crucial moment in American history, when voting rights could be expanded to include all citizens, or legislatively limited, this significantly updated edition of Who Rules America? shows precisely how the top 1% of the population, who own 43% of all financial wealth, and receive 20% of the nation’s yearly income, dominate governmental decision-making. They have created a corporate community and a policy-planning network, made up of foundations think-tanks, and policy-discussion groups, to develop the policies that become law. Through a leadership group called the power elite, the corporate rich provide campaign donations and other gifts and favors to elected officials, serve on federal advisory committees, and receive appointments to key positions in government, all of which make it possible for the corporate rich and the power elite to rule the country, despite constant challenges from the inclusionary alliance and from the Democratic Party. The book explains the role of both benign and dark attempts to influence public opinion, the machinations of the climate-denial network, and how the Supreme Court came to have an ultraconservative majority, who serve as a backstop for the corporate community as well as a legitimator of restrictions on voting rights, union rights, and abortion rights, by ruling that individual states have the power to set such limits. Despite all this highly concentrated power, it will be the other 99.5%, not the top 0.5%, who will decide the fate of the United States in the 2020s on all the important issues.

Ruling America offers a panoramic history of our country's ruling elites from the time of the American Revolution to the present. At its heart is the greatest of American paradoxes: How have tiny minorities of the rich and privileged consistently exercised so much power in a nation built on the notion of rule by the people? In a series of thought-provoking essays, leading scholars of American history examine every epoch in which ruling economic elites have shaped our national experience. They explore how elites came into existence, how they established their dominance over public affairs, and how their rule came to an end. The contributors analyze the elite coalition that led the Revolution and then examine the antebellum planters of the South and the merchant patricians of the North. Later chapters vividly portray the Gilded Age "robber barons," the great finance capitalists in the age of J. P. Morgan, and the foreign-policy "Establishment" of the post-World War II years. The book concludes with a dissection of the corporate-led counter-revolution against the New Deal characteristic of the Reagan and Bush era. Rarely in the last half-century has one book afforded such a comprehensive look at the ways elite wealth and power have influenced the American experiment with democracy. At a time when the distribution of wealth and power has never been more unequal, Ruling America is of urgent contemporary relevance.

Two leading experts on China evaluate its rise throughout the past one hundred fifty years, sharing portraits of key intellectual and political leaders to explain how China transformed from a country under foreign assault to a world giant.

What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.

This book tracks the dramatic outcomes of the federal government's growing involvement in higher education between World War I and the 1970s, and the conservative backlash against that involvement from the 1980s onward. Using cutting-edge analysis, Christopher Loss recovers higher education's central importance to the larger social and political history of the United States in the twentieth century, and chronicles its transformation into a key mediating institution between citizens and the state. Framed around the three major federal higher education policies of the twentieth century--the 1944 GI Bill, the 1958 National Defense Education Act, and the 1965 Higher Education Act--the book charts the federal government's various efforts to deploy education to ready citizens for the national, bureaucratized, and increasingly global world in which they lived. Loss details the myriad ways in which academic leaders and students shaped, and were shaped by, the state's shifting political agenda as it moved from a preoccupation with economic security during the Great Depression, to national security during World War II and the Cold War, to securing the rights of African Americans, women, and other previously marginalized groups during the 1960s and '70s. Along the way, Loss reappraises the origins of higher education's current-day diversity regime, the growth of identity group politics, and the privatization of citizenship at the close of the twentieth century. At a time when people's faith in government and higher education is being sorely tested, this book sheds new light on the close relations between American higher education and politics.

Each of them is one in a million. They number six thousand on a planet of six billion. They run our governments, our largest corporations, the powerhouses of international finance, the media, world religions, and, from the shadows, the world's most dangerous criminal and terrorist organizations. They are the global superclass, and they are shaping the history of our time. Today's superclass has achieved unprecedented levels of wealth and power. They have globalized more rapidly than any other group. But do they have more in common with one another than with their own countrymen, as nationalist critics have argued? They control globalization more than anyone else. But has their influence fed the growing economic and social inequity that divides the world? What happens behind closeddoor meetings in Davos or aboard corporate jets at 41,000 feet? Conspiracy or collaboration? Deal-making or idle self-indulgence? What does the rise of Asia and Latin America mean for the conventional wisdom that shapes our destinies? Who sets the rules for a group that operates beyond national laws? Drawn from scores of exclusive interviews and extensive original reporting, Superclass answers all of these questions and more. It draws back the curtain on a privileged society that most of us know little about, even though it profoundly affects our everyday lives. It is the first in-depth examination of the connections between the global communities of leaders who are at the helm of every major enterprise on the planet and control its greatest wealth. And it is an unprecedented examination of the trends within the superclass, which are likely to alter our politics, our institutions, and the shape of the world in which we live.