[lbo-talk] ruling class

[Jim Devine]

On 3/27/06, andie nachgeborenen <andie_nachgeborenen at yahoo.com> wrote:
>Moreover it is nor always easy to know one's class interest even
apart from paradoxes of rationality.  One thinks of the US govt
response to the stock market crash of '29, Hitler's gratuitious
declaration of war on the US, and the US ruling class; neoimperialist
project under
Bush.<

those are examples of decisions by the power elite, not by the ruling
class (to use C. Wright Mills' distinction).

The ruling class needs some centralized decision-making (the power
elite) but the power elite doesn't always do a good job.
--
Jim Devine / "There can be no real individual freedom in the presence
of economic insecurity." -- Chester Bowles