Define elite power theory. List the strengths and weaknesses of this theory. How does it help explain the evolution of social welfare policy in the US?

The Power Elite by C. Wright Mills was published in 1956. Mills drew
on the work of earlier Italian theorists, notably the economist and sociologist Vilfredo Pareto,
originator of the Pareto Distribution, another theory concerning elite groups and the way in
which they behave.

The power elite theory posits that America, along with
many other countries, is really run by a small group of people, most of them unelected, who
share the same backgrounds and the same interests. These people control every aspect of
government, finance, the military and all major corporations, as well as exercising...