The Working Class By Michael Zewig Essay

722 Words Oct 5th, 2016 3 Pages
In “The Working Class Majority” by Michael Zewig, Zewig writes of a rather non-standard approach to our class system. He writes of class from a relational perspective, thus meaning that he analyzes the relationships that classes have amongst each other. It truly is a rather interesting way of looking at our class system. Near the top of our class system we have the capitalist class. The capitalist class is made up of owners of businesses. According to Zewig, it doesn’t really matter if you are the owner of a small, sole proprietorship which only employs five people or if you are the head of a corporation which employs thousands. At the end of the day, you are a capitalist. The difference, however, lays in the classification; you can be a large capitalist or a small capitalist, the titles are pretty self-explanatory. According to the SBA, in order to be considered a big business, one must employ over 500 people. In the U.S. there are only about 21,000 “big” businesses. We can consider the owners of these businesses to be the “elite” however, amongst them is an even greater elite. The people of that elite are called the ruling class. If we were to look at this from a financial point of view, we can see that the U.S. has about 7,830 banks (this number excludes different branches obviously.) Of those 7,830 banks, five banks control a whopping 56 percent of the assets of the other top 25. So even amongst the very elite capitalist class, there is a ruling class. The ruling…

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