This paper begins the task of explaining why the American business elite has remained white, male and mostly native …

their chances of attending an elite graduate school, and triples their chances of working at a prestigious firm. Ivy …

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 …