The American Ruling Class: Part II

  • Paul M. Sweezy
Keywords: Political Economy


Every community study shows clearly the existence of an upper social crust which is based on wealth. The nucleus is always the "old families" which have transmitted and usually augmented their fortunes from one generation to the next. Around this nucleus arc grouped the nouveaux riches, the solidly established lawyers and doctors, the more successful of the social climbers and sycophants, and people whose family connections are better than their bank accounts. Taken all together, these are the people who comprise what is called "society." Except in very large cities, the whole community is aware of their existence and knows that they constitute a more or less well-defined "upper class."