Wednesday, January 20, 2010

Pareto and Elite Theory

Influenced by his engineering background Pareto desribed power distribution in his book "Mind and Society".One of Pareto's main ideas was that when the number of individuals increases the more rational and logic act the group as a whole because the more individuals are involved,the illusions are lower.In his opinion the group responsabilise the individual making him more rational.One of his most important principles is "law of the vital few and the principle of factor sparsity",which states that that 80% of the effects comes from 20% of the causes.
He emphasised the psychological and intellectual superiority that the elites holds.He classified elites into two groups-
1.Governing Elites;
2.Non-Governing Elites.
He said that a whole elite can be replaced by a new one and one can circulate from being elite to non-elit

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