and how far the interests of the marginalized poor are undermined by the dominant elite consisting mainly of the landed … and the capitalists. We distinguish the dominant elite from the minority elite (i.e., elected women and low caste … education while presence of capitalist elite, as reflected in greater degree of industrialisation enhances it, even in poorer …

We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …

elite dominance that discriminates against the minority groups of people and systematically under-invests in mass education …. We experiment with various indirect economic and political measures of elite dominance. Results based on the Indian state …