Potential Limits to Corporate Power in America Essay

The purpose of the textbook, Who Rules America? by G. William Domhoff, is to explain his theory of Class Domination. My essay emphasises the relation of social class to power, the existence of a Corporate community, the relationship of the Corporate community to the upper class, and various methods used by the Corporate community to dominate the U.S Political System. Furthermore, my essay will discuss the potential limits to corporate power in America. The realtion of social class to power, is a belief about equality of opportunity that seems to be ignore by former upper social mobility. According to Domhoffs statement about the relation of social class to power, No group or class had power in America, but only influence. In other†¦show more content†¦The Corporate community is made up of large corporations, banks, and agri-businesses from owners or top level manangers to share a common interest in making profits. . The center of the Corporate community comes from the Fortune 500, Interlocks, Trade Associations, and Business Associations. For example, the Business Rountable and the Business Council is the importance of a network being recreated if companies looses connections with each other, (pg. 23). The largest corporation and the Fortune 500 between interlocks in modern corporation is necessary because interlocks are most noticeable when a person sits on two or more corporate board. Member of the upper class are mostly part of the corporate rich because it is often owned by the same families or financial institutions(pg. 22-23). In the same way, members of the upper class have a great influence on Corporate community because they involve themselves in the ownership and control of specific corporations through family ownership, family offices, holding companies, and investment partnership. 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