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The Capitalist Class Essay

532 words - 3 pages

The Capitalist Class
The Capitalist Class refers to the social class consisting of those at the top 1% of the upper class, according to income. Members of this class possess great wealth and power. Typically they work in such occupational fields as bureaucrats, politicians, globalizing professionals, CEO’s, and business executives. The majority of those belonging to the Capitalist Class earn the majority of their income through successful investments and capital gains. The very rich often control corporations and many have some political power.
Many use their influence in the political, economic, and public arenas. They project images of themselves as citizens of the world and often lend their time and money to social and economic causes overseas such as AIDS awareness or food ...view middle of the document...

In many high-end residential areas, the Capitalist Class will live in gated communities or in parts of the country known for its large properties.
Throughout their lives, members of the upper-most layer of society tend to receive a very distinctive education. Many will be educated in private or boarding schools in prestigious neighborhoods. Most will continue their higher education at Ivy League colleges and universities or other prestigious state schools. Some upper-class children may attend public high school, or go to a state university if there is one of great esteem and tradition in their home state. However, the system of formal schooling is so shielded that many upper-class students will never see the inside of a public school in all their years of education.
Those in the Capitalist Class tend to vote for the Republican Party. This is because republican politicians urge for tax breaks for the wealthy. These statistics are starting to change however, with more turning to the Democratic Party. This could be due to the social policies of the Democratic Party.
Although the majority of those in the Capitalist Class are involved in business ventures, some very wealthy people with new money, also called the "nouveau riche,” sometimes have success in breaking into the high society group. Examples of these types of people are movie stars, heirs, or models. If they fail to be accepted by high society however they will then be called upper middle class regardless of how wealthy they become.
The upper class is distinguished by its combined affluence and wealth. Although only 1% of the population is classified into that category, it has been on the rise. This is because people are become more and more wealthy. The Capitalist Class at the moment is the minority, but is starting to become more steadily dominant in society.

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