Table 6-1. Kerbo’s Chapter 6: The Upper Class (Outline)
•
Who Are the Upper Class?
•
How Do They Dominate Society Today?
•
How Do they Govern?
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A Policy Formation Model
Table 6-2. Classes Defined by Class, Status, and Party
Base of Class Location
Class Location
Class
Status
Party
Upper Class
Wealthy
Leisure
Active
Corporate
Wealthy
Business
Active
Managerial
Rich
Business
Probably Votes
Professional
Rich
Professional
May be Active
Working Class
Moderate
Family
Might Vote
Lower Class
Poor
Street
Inactive
Figure 6-1. Upper Class Economic Control through Stock
Ownership and Corporate Control (Kerbo, p. 164)
Upper Class
Stock Ownership
Corporation B
Financial corporation A
with stock control of
Corporation B
Table 6-3. Upper Class Family Backgrounds of Corporate
Elites (Kerbo, p. 166)
Domhoff’s Study of Corporate Directors
Corporation type
Percent Upper Class
Top 20 Industrials
54%
Top 15 Banks
62%
Top 15 Insurance
44%
Top 15 Transportation
53%
Top 15 Utilities
30%
Dye’s Exclusive Club Membership
Top 201 Corporate Leaders
44%
Table 6-4. Upper Class Origins of Government Elite
Domhoff Study
Position in Government
Percent Upper Class
Cabinet (1932-1964)
Secretary of State
63%
Secretary of Defense
62%
Secretary of the Treasury
63%
Mintz Study
All Cabinets (1897-1973)
66%
Democratic Cabinets (97-1973)
60%
Republican Cabinets (97-1973)
71%
Dye Study
Top Officials (1970)
6%
Top Military (1970)
9%
Table 6-5. Largest Political Action Committee Contributions
(November 2004; from Kerbo, 2006, Sixth Edition, p. 165)
Political Action Committee
Donation (rounded to millions)
Real Estate
$43 million
Securities/Investment
$35 million
Health Professionals
$34 million
Insurance
$19 million
General Contractor
$16 million
Commercial Bank
$15 million
Oil and Gas
$14 million
Figure 6-2. The Policy Formation Process (Kerbo, p. 176)
Government
Commissions
Foundations
Corporations
Executive
Agencies
Congressional
Committees
Courts
PolicyPlanning
Groups
Personal
Wealth
Universities
National
News
Media