what is ruling class?

Social Psychology (10th Edition)
10th Edition
ISBN:9780134641287
Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Chapter1: Introducing Social Psychology
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what is ruling class?

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Introduction

The ruling class is the social class in a given society that determines and sets the political agenda.

Explanation

A class is a section of society that participates in everyday social, political, and economic interests and particular types of access or lack of access to power due to its shared economic status and cultural values. A ruling class is a social group that wields power and wealth over the rest of society. It shapes and sometimes decides resource allocation and control; who has access to political power; which groups profit from social policy and which do not; and which groups are essential to a society's existence, considerations, and attention, and which are not.

The upper class, the haves, the ruling class, the wealthy and influential, the decision-makers, and the top of the (socio-economic) pyramid are used to define the wealthiest and most influential segment of society.

A ruling class owns a disproportionate amount of privately held property, houses, stocks and bonds, and other financial assets—whatever constitutes wealth in a given society. Cattle, slaves, minerals, and property are examples of riches in other cultures. The ruling class is the primary beneficiary of public policy decisions that determine budget allocations, taxes, war and peace decisions, etc.

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