Elite
In political in addition to sociological theory, a elite French: élite, from Latin: eligere, toor to set out are the small companies of effective people who throw a disproportionate amount of wealth, privilege, political power, or skill in a group. Defined by the Cambridge Dictionary, the "elite" are "those people or organizations that are considered the best or most effective compared to others of a similar type."
American sociologist C. Wright Mills states that members of the elite accept their fellows' position of importance in society. "As a rule, 'they accept one another, understand one another, marry one another, tend to work, and to think, if not together at least alike'." "It is a well-regulated existence where education plays a critical role.
Global politics and hegemony
Mills determined that there is an "inner core" of the energy elite involving individuals that are expert to stay on from one seat of institutional power to another. They, therefore, create a wide range of cognition and interests in numerous influential organizations, and are, as Mills describes, "professional go-betweens of economic, political, and military affairs". Relentless expansion of capitalism and the globalizing of economic and military power, binds leaders of the power elite into complex relationships with nation states that generate global-scale classes divisions. Sociologist Manuel Castells writes in The Rise of the Network Society that contemporary globalization does non mean that "everything in the global economy is global". So, a global economy becomes characterized by necessary social inequalities with respect to the "level of integration, competitive potential and share of the benefits from economic growth". Castells cites a category of "double movement" where on one hand, "valuable segments of territories and people" become "linked in the global networks of value creating and wealth appropriation", while, on the other, "everything and everyone" that is not valued by established networks gets "switched off...and ultimately discarded". These evolutions have also lead many social scientists to examine empirically the possible emergence of a new transnational and cohesive social classes at the top of the social ladder: a global elite But, the wide-ranging effects of global capitalism ultimately affect everyone on the planet, as economies around the world come to depend on the functioning of global financial markets, technologies, trade and labor.