Those who believe that power in american communities is concentrated in the hands of relatively few leaders in the business or financial sector are called elitists.
The idea that those who belong to an elite—a small group of people thought to possess an inherent quality, high intellect, wealth, power, notoriety, special skills or experience—are more likely to benefit society as a whole and, as a result, should have more influence or authority than others—is known as elitism. A scenario in which control is concentrated in the hands of a small group of individuals may be referred to as elitism. Pluralism, anti-intellectualism and populism are ideas that are opposed to elitism. The study of elite power in society is called elite theory, and according to elite theorists, pluralism is an unrealistic ideal.
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