Circulation of elite

Circulation of elite

Italian social scientist Vilfredo Pareto says people are unequal physically, intellectually and morally. He says the term elite has no moral or honorific connotations in Pare to’s usage. He argues that if the governing elite does not assimilate exceptional individuals, an imbalance is created.

About Circulation of elite in brief

Summary Circulation of eliteItalian social scientist Vilfredo Pareto says people are unequal physically, intellectually and morally. He says the term elite has no moral or honorific connotations in Pare to’s usage. He argues that if the governing elite does not assimilate exceptional individuals, an imbalance is created in the body politic. When governing or nongoverning elites attempt to close themselves to the influx of newer and more capable elements from the underlying population, social equilibrium is upset and the social order will decay, PareTo says. The ideal governing class contains a judicious mixture of lions and foxes, of men capable of decisive and forceful action and of others who are imaginative, innovative, and unscrupulous, he writes.

When imperfections in the circulation of governing elites prevent the attainment of such judicious mixtures among the governing, regimes either degenerate into hidebound and ossified bureaucracies incapable of renewal and adaptation or into squabbling lawyers and rhetoricians, he says, as well as speculators and rentiers. What applies to political regimes applies to the economic realm as well, he adds. In the speculator group, Class I predominate, in the rentier group, Group II. The two groups perform different functions in society.