“For the corporation executives, the military metaphysic often coincides with their interest in a stable and planned flow of profit; it enables them to have their risk underwritten by public money; it enables them reasonably to expect that they can exploit for private profit now and later, the risky research developments paid for by public money. It is, in brief, a mask of the subsidized capitalism from which they extract profit and upon which their power is based.” InterestRiskMilitaryDevelopmentResearchCapitalismFlowPaidProfitCorporationsMaskExecutivesStableExploitsPublic MoneyNow And Later Author:C. Wright Mills
“The economy - once a great scatter of small productive units in autonomous balance, has become dominated by two or three hundred giant corporations, administratively and politically interrelated... The political order, once a decentralized set of several dozen states with a weak spinal cord, has become a centralized executive establishment which has taken up into itself many powers previously scattered... The military order, once a slim establishment in a context of distrust fed by state militia, has become the largest and most expensive feature of government.” TwoStatesGovernmentPoliticalOrderThreeEconomyTakenMilitaryBalanceHundredWeakCorporationsFeaturesGiantsExpensiveProductiveExecutivesFedsEstablishmentDozenUnitsDistrustCordsMilitiaSlimAutonomousSpinal Cord Author:C. Wright Mills
“The broadening of the economic order which came to be seated in the individual property owner... dramatized by Jefferson's purchase of the Louisiana Territory... "The supremacy of corporate economic power... consolidated by the Supreme Court decision of 1886 which declared that the Fourteenth Amendment protected the corporation... [the New Deal, leading to], within the political arena, as well as in the corporate world itself, competing centers of power that challenged those of the corporate directors.” WorldWellsPoliticalOrderIndividualDecisionDealsEconomicDirectorsCourtPropertySupremeCorporateCorporationsOwnersTerritoryAmendmentsProtectedSupreme CourtCompetingArenaSupremacyLouisianaEconomic PowerNew DealCorporate WorldEconomic OrderCourt DecisionFourteenth Amendment Author:C. Wright Mills
“The life-fate of the modern individual depends not only upon the family into which he was born or which he enters by marriage, but increasingly upon the corporation in which he spends the most alert hours of his best years.” YearsIndividualBornHoursFateModernDependsCorporationsModernismBest YearLife Fate Book:The Power Elite Source: The Power Elite