Potential Limits to Corporate Power in America Essay

The concept of social class has been around for ages and is still a part of today’s society. Social class is not only based on the individual’s wealth but also on their social standing such as; monarchs, priests, nobles, merchants, and peasant class. The peasant class was practically ignored, which means that the higher classes would only pay attention to each other. This can be the case in society today, there are some people who feel that their career makes them higher than a janitor. Even though humans have been around for centuries, social class is still a big issue.

In In chapter 10 in of Sociology: Exploring the Architecture of Everyday Life by David M. Newman and the article: Making Class Invisible by Gregory Mantsios, I have discovered power, social class. Power is having the ability to affect decisions in ways that benefit a person or protect his or her interests (Newman 289). Social class is a group of people who share a similar economic position in a society, based on their wealth and income (Newman 283).

One component of this idea is a social mobility. Social mobility is the movement of individuals or families within layers of social stratification. For example, if some family of first generation of immigrants (who are usually considered as low-income families) will work hard and get some college education, they probably can improve their social-economic status and move upward direction to the lower-middle class or even to the middle class level. However, to move from the low-income class status upward to the upper class status will be very difficult or even impossible for this family. As was written above, only 1-3% of American population is in the upper or upper-upper classes and this is like “private club” for the rest of population. The membership of this “club” is difficult to earn; many members of this upper class group received their statuses from their parents or grandparents and this looks like a “cast” of privileged people. This privilege gives many advantages and influence in political, educational, religious and other institutions. These advantages make upper class as a dominate group and underprivileged lower classes as subordinate group; and this stratification is describing classism. Carol Brantley and her colleagues (2003) state that “Classism is the systematic oppression of subordinated groups (people without endowed or acquired economic power, social influence, and privilege) who work for wages for dominant group (those who have access to control of the necessary resources by which other people make their living).” Classism says that upper class members are more educated and smarter than low-income and working classes’ members because they and their children can afford very expensive or exclusive education worldwide. Whereas, oppressed groups are lacking this opportunity to get prestige

Social class describes the different "layers" that exist in society. These "layers," or classes in society, are a division that civilization has been running on ever since the beginning of mankind. In most modern societies, our system of social class division is one of opportunity. We experience a good deal of social mobility, where people through generations or in their own lifetime can move up or down the social scale. By examining the many different perceptions of social class along with S.E. Hinton's The Outsiders, it is illustrated that social class has an impact on people while they are growing up, and will usually deny them from rising above adversity.

Due to the need for campaign funds by both the Democratic and Republican party, representatives and party leaders are easily influenced by the alluring presence of money presented by the wealthy. Consequently, in terms of economic position, laws and policies tend to favor the privileged rather than the overall majority. For instance, beginning in the 1970s, corporate America started to invest more money and focus into politics. A large amount of corporate spending is on lobbying. In contrast, most Americans don’t have an organization to lobby for them. This being so, because the wealthy have more lobbying clout, the government tends to pay closer attention to the concerns of the very privileged.

While different gatherings employ and impact the United States, the elite are the most equipped for doing as such. Their capacity to remain the most dissolvable socio-prudent class is unparalleled

Reading G. William Domhoff’s Who Rules America?: The Triumph of the Corporate Rich was an intriguing and challenging experience for me. My limited knowledge base of the American political class system mostly stems from high school US History classes and listening to my mom’s stories of her experiences in the corporate world. Therefore, I am aware that due to my prior lack of knowledge on the topics presented in Domhoff’s book, I may have misjudged some of his finer points. Part of my struggles may be largely due to the fact that Domhoff’s intended audience for Who Rules America? is other experts in the field of understanding the sociology of the corporate elite and their resources of power. However, I believe that the book has given me a better, if not complete, understanding of the corporate elite and how they stay in power.

A corporation was originally designed to allow for the forming of a group to get a single project done, after which it would be disbanded. At the end of the Civil War, the 14th amendment was passed in order to protect the rights of former slaves. At this point, corporate lawyers worked to define a corporation as a “person,” granting them the right to life, liberty and property. Ever since this distinction was made, corporations have become bigger and bigger, controlling many aspects of the economy and the lives of Americans. Corporations are not good for America because they outsource jobs, they lie and deceive, and they knowingly make and sell products that can harm people and animals, all in order to raise profits.

Government corporations are defined in a Congressional Research Service report as; “a federal government corporation is an agency of the federal government, established by Congress to perform a public purpose, which provides a

Also since I learned about social class from Marx and neo-Marx theories, I understand some social reasons why there are inequalities, and the relationship between class inequalities and other aspects such as social institution. I would say this class is one of the reasons why I got interested in social class and eventually I wrote about class differences for my senior thesis. Especially we had many opportunities to study social class it gives me he idea, “each person doesn’t have own thoughts or idea to be rich or improve their social status because of pressures from people around or society”, “even thought people don’t feel they have personal right by the pressures, I don’t think these people try to aim to get bourgeoisies’ powers.” To make these clear, I could get the strong idea that people who are lower class people can’t or even don’t try to improve their life. At the time, I gave “pressure from people and society” as a reason of this problem but I argue that it is because it is almost impossible to do once they get in lower class, such as poverty cycle, because of strong social structure.

Wealth in relation to the upper class is defined not as income, but “the value of everything a person or family owns, minus any debts” (Domhoff 2005). Income according to Domhoff, “is what people earn from work, but also from dividends, interest, and any rents or royalties that are paid to them on properties they own” (Domhoff 2011). Those who own a great deal of wealth do not derive it from income, although they may have a high income resulting from the returns on their wealth. (Domhoff 2011) As for the power the upper class wields on politics, the economy and the government, it is indirectly carried out “through the activities of a wide variety of organizations and institutions. These organizations and institutions are financed and directed by those members of the upper class who have the interest and ability to involve themselves in protecting and enhancing the privileged social position of their class” (Domhoff 2005). This description of the upper class by Domhoff provides the basis for the argument that it institutionally exist - an organized, cohesive group set apart by its wealth and power.

The power elite, or upper class, obtain their power not just from their money: their status is hereditary and preserved through history. Class itself cannot be defined without mentioning gender and race, as the majority of the upper class consists of white men. Those two axes of inequality mask the

American Capitalism Capitalism - "An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state." America was an ideal breeding ground for capitalism, a relatively new country, in need of young entrepreneurs to kick start it's already buoyant economy. The country was an ideal place to get rich quick, an idea that inspired the immigrants that poured into it each year. In America it seemed you could turn your rags to riches in no time at all.

The power elite is able to exert power over society. The power elite’s control over politics demonstrates how inequality is functional. This validates the class-domination theory of power, which is distributed based on economic power. By controlling economic resources, the power elites political influence in government shapes law and those involved in government to the power elites benefit. In today’s American society these laws have impacted both the corporate community and the elite. Furthermore, the author’s portrayal of the elite displayed how the elite have control concerning choices in government policies, elections, and laws.

Large corporations such as Wal-Mart or Home Depot often come under criticism for putting mom-and-pop shops out of business. While this may be a valid criticism, the consumers neglect to realize that they play the biggest part in shutting these businesses down. Consumers across the country are always looking for the best deals or the lowest prices, and in most cases the larger corporations are where products can be found at the lowest price. Many small business owners and the populations of small towns dislike large corporations moving into the area because they believe it negatively effects the local