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The term 'ruling class' is frequently used in Marxist theory to indicate a political leading group. 'Ruling elite'.
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The term 'ruling class' is frequently used in Marxist theory to indicate a political leading group. 'Ruling elite' is the general term that appears in the elite theory for describing those who exercise the political power. The explanations of two terms share some similarities but differences between them are very significant. One of similarities is that both elitists and Marxists believe that political power in a country is always controlled by a small group of people. 'Ruling elite' in elite theory and 'ruling class' in Marxist theory both is the minority political decision makers. The differences are far more and significant than the similarities. Firstly, 'ruling elite' and 'ruling class' have different measures of maintaining their political power. Michels who supports elite theory claimed that he has discovered the 'iron law of oligarchy'. His statement on ruling elite suggests that a dominating minority tries to hide its domination while actually having a popular...
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