Upper class in modern societies is the social class composed of people who hold the highest social status, usually are the wealthiest members of class society, and wield the greatest political power. [1] According to this view, the upper class is generally distinguished by immense wealth which is passed on from generation to generation. [2] Prior to the 20th century, the emphasis was on aristocracy , which emphasized generations of inherited noble status, not just recent wealth. [3]
Because the upper classes of a society may no longer rule the society in which they are living, they are often referred to as the old upper classes, and they are often culturally distinct from the newly rich middle classes that tend to dominate public life in modern social democracies. According to the latter view held by the traditional upper classes, no amount of individual wealth or fame would make a person from an undistinguished background into a member of the upper class as one must be born into a family of that class and raised in a particular manner to understand and share upper class values, traditions, and cultural norms. The term is often used in conjunction with terms like upper-middle class, middle class, and working class as part of a model of social stratification.
Historically in some cultures, members of an upper class often did not have to work for a living, as they were supported by earned or inherited investments (often real estate), although members of the upper class may have had less actual money than merchants. [4] Upper-class status commonly derived from the social position of one's family and not from one's own achievements or wealth. Much of the population that composed the upper class consisted of aristocrats, ruling families, titled people, and religious hierarchs. These people were usually born into their status and historically there was not much movement across class boundaries.
In many countries, the term "upper class" was intimately associated with hereditary land ownership. Political power was often in the hands of the landowners in many pre-industrial societies despite there being no legal barriers to land ownership for other social classes. Upper-class landowners in Europe were often also members of the titled nobility, though not necessarily: the prevalence of titles of nobility varied widely from country to country. Some upper classes were almost entirely untitled, for example, the Szlachta of the Polish–Lithuanian Commonwealth. [5]
In Great Britain and Ireland, the "upper class" traditionally comprised the landed gentry and the aristocracy of noble families with hereditary titles. The vast majority of post-medieval aristocratic families originated in the merchant class and were ennobled between the 14th and 19th centuries while intermarrying with the old nobility and gentry. [6] Since the Second World War, the term has come to encompass rich and powerful members of the managerial and professional classes as well. [7] In the years since Irish independence in 1922 the upper class has all but vanished in the Republic of Ireland. Aristocratic titles within the Peerage of Ireland granted by the British monarch have no recognition in the Irish Constitution. Contemporary Ireland is generally perceived to have a two-tier social class system composed of working class and middle class (with the exception of a small number of wealthy billionaires).
The American upper class is a social group within the United States consisting of people who have the highest social rank primarily due to economic wealth. [8] [9] The American upper class is estimated to constitute less than 1% of the population. By self-identification, according to this 2001–2012 Gallup Poll data, 98% of Americans identify with the five other class terms used, 48–50% identifying as "middle class". [10]
The main distinguishing feature of the upper class is its ability to derive enormous incomes from wealth through techniques such as money management and investing, rather than engaging in wage-labor salaried employment, although most upper-class individuals today will still hold some sort of employment, which differs from historical norms. [11] [12] [13] Successful entrepreneurs, CEOs, investment bankers, venture capitalists, heir to fortunes, celebrities, and a few number of professionals, are considered members of this class by contemporary sociologists, such as James Henslin or Dennis Gilbert. [11] There may be prestige differences between different upper-class households. An A-list actor, for example, might not be accorded as much prestige as a former U.S. President, [12] yet all members of this class are so influential and wealthy as to be considered members of the upper class. [11] At the pinnacle of U.S. wealth, 2004 saw a dramatic increase in the numbers of billionaires. According to Forbes Magazine , there are now 374 U.S. billionaires. The growth in billionaires took a dramatic leap since the early 1980s, when the average net worth of the individuals on the Forbes 400 list was $400 million. Today[ when? ], the average net worth is $2.8 billion.
Upper-class families... dominate corporate America and have a disproportionate influence over the nation's political, educational, religious, and other institutions. Of all social classes, members of the upper class also have a strong sense of solidarity and 'consciousness of kind' that stretches across the nation and even the globe.
— William Thompson & Joseph Hickey, Society in Focus, 2005 [12]
Since the 1970s, income inequality in the United States has been increasing, with the top 1% (largely because of the top 0.1%) experiencing significantly larger gains in income than the rest of society. [14] [15] [16] Alan Greenspan, former chair of the Federal Reserve, sees it as a problem for society, calling it a "very disturbing trend". [17] [18]
According to the book Who Rules America? by William Domhoff, the distribution of wealth in America is the primary highlight of the influence of the upper class. The top 1% of Americans own around 34% of the wealth in the U.S. while the bottom 80% own only approximately 16% of the wealth. This large disparity displays the unequal distribution of wealth in America in absolute terms. [19]
In 1998, Bob Herbert of The New York Times referred to modern American plutocrats as "The Donor Class" [20] [21] (list of top donors) [22] and defined the class, for the first time, [23] as "a tiny group – just one-quarter of 1 percent of the population – and it is not representative of the rest of the nation. But its money buys plenty of access." [20]
A plutocracy or plutarchy is a society that is ruled or controlled by people of great wealth or income. The first known use of the term in English dates from 1631. Unlike most political systems, plutocracy is not rooted in any established political philosophy.
A social class or social stratum is a grouping of people into a set of hierarchical social categories, the most common being the working class, middle class, and upper class. Membership of a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network.
In the United States, White Anglo-Saxon Protestants (WASP) is a sociological term which is often used to describe white Protestant Americans of British descent, who are generally part of the white dominant culture or upper-class and historically often the Mainline Protestant elite. Historically or most consistently, WASPs are of British descent, though the definition of WASP varies in this respect. It was seen to be in exclusionary contrast to Catholics, Jews, Irish, immigrants, southern or eastern Europeans, and the non-White. WASPs have dominated American society, culture, and politics for most of the history of the United States. Critics have disparaged them as "The Establishment". Although the social influence of wealthy WASPs has declined since the 1960s, the group continues to play a central role in American finance, politics, and philanthropy.
Social class in the United States refers to the idea of grouping Americans by some measure of social status, typically by economic status. However, it could also refer to social status and/or location. The idea that American society can be divided into social classes is disputed, and there are many competing class systems.
Old money is "the inherited wealth of established upper-class families " or "a person, family, or lineage possessing inherited wealth". It is a social class of the rich who have been able to maintain their wealth over multiple generations, often referring to perceived members of the de facto aristocracy in societies that historically lack an officially established aristocratic class, in contrast with new money whose wealth has been acquired within its own generation.
Caroline Webster "Lina" SchermerhornAstor was an American socialite who led the Four Hundred, high society of New York City in the Gilded Age. Referred to later in life as "the Mrs. Astor" or simply "Mrs. Astor", she was the wife of yachtsman William Backhouse Astor Jr. They had five children, including Colonel John Jacob Astor IV, who perished on the RMS Titanic. Through her marriage, she was a member of the Astor family and matriarch of the American Astors.
Nouveau riche, new rich, or new money is a social class of the rich whose wealth has been acquired within their own generation, rather than by familial inheritance. These people previously had belonged to a lower social class and economic stratum (rank) within that class and the term implies that the new money, which constitutes their wealth, allowed upward social mobility and provided the means for conspicuous consumption, the buying of goods and services that signal membership in an upper class. As a pejorative term, nouveau riche affects distinctions of type, the given stratum within a social class; hence, among the rich people of a social class, nouveau riche describes the vulgarity and ostentation of the newly rich person who lacks the worldly experience and the system of values of old money, of inherited wealth, such as the patriciate, the nobility, and the gentry.
In sociology and in political science, the term The Establishment describes the dominant social group, the elite who control a polity, an organization, or an institution. In the praxis of wealth and power, the Establishment usually is a self-selecting, closed elite entrenched within specific institutions — hence, a relatively small social class can exercise all socio-political control.
The landed gentry, or the gentry, is a largely historical British social class of landowners who could live entirely from rental income, or at least had a country estate. It is the British element of the wider European class of gentry. While part of the British aristocracy, and usually armigers, the gentry ranked below the British peerage in social status. Nevertheless, their economic base in land was often similar, and some of the landed gentry were wealthier than some peers. Many gentry were close relatives of peers, and it was not uncommon for gentry to marry into peerage. With or without noble title, owning rural land estates often brought with it the legal rights of the feudal lordship of the manor, and the less formal name or title of squire, in Scotland laird.
The distribution of wealth is a comparison of the wealth of various members or groups in a society. It shows one aspect of economic inequality or economic heterogeneity.
Social stratification refers to a society's categorization of its people into groups based on socioeconomic factors like wealth, income, race, education, ethnicity, gender, occupation, social status, or derived power. It is a hierarchy within groups that ascribe them to different levels of privileges. As such, stratification is the relative social position of persons within a social group, category, geographic region, or social unit.
In political and sociological theory, the elite are a small group of powerful people who hold a disproportionate amount of wealth, privilege, political power, or skill in a group. Defined by the Cambridge Dictionary, the "elite" are "the richest, most powerful, best-educated, or best-trained group in a society".
Though the American middle class does not have a definitive definition, contemporary social scientists have put forward several ostensibly congruent theories on it. Depending on the class model used, the middle class constitutes anywhere from 25% to 75% of households.
The American upper class is a social group within the United States consisting of people who have the highest social rank, due to economic wealth, lineage, and typically educational attainment. The American upper class is estimated to be the richest 1% of the population.
The social structure of the United Kingdom has historically been highly influenced by the concept of social class, which continues to affect British society today. British society, like its European neighbours and most societies in world history, was traditionally divided hierarchically within a system that involved the hereditary transmission of occupation, social status and political influence. Since the advent of industrialisation, this system has been in a constant state of revision, and new factors other than birth are now a greater part of creating identity in Britain.
Social reproduction describes the reproduction of social structures and systems, mainly on the basis of particular preconditions in demographics, education and inheritance of material property or legal titles. Reproduction is understood as the maintenance and continuation of existing social relations. Originally formulated by Karl Marx in Das Kapital, this concept is a variety of Marx's notion of economic reproduction.
The inequality of wealth has substantially increased in the United States in recent decades. Wealth commonly includes the values of any homes, automobiles, personal valuables, businesses, savings, and investments, as well as any associated debts.
The aristocracy is historically associated with a "hereditary" or a "ruling" social class. In many states, the aristocracy included the upper class of people (aristocrats) with hereditary rank and titles. In some, such as ancient Greece, ancient Rome, or India, aristocratic status came from belonging to a military class. It has also been common, notably in African and Oriental societies, for aristocrats to belong to priestly dynasties. Aristocratic status can involve feudal or legal privileges. They are usually below only the monarch of a country or nation in its social hierarchy. In modern European societies, the aristocracy has often coincided with the nobility, a specific class that arose in the Middle Ages, but the term "aristocracy" is sometimes also applied to other elites, and is used as a more general term when describing earlier and non-European societies. Aristocracy may be abolished within a country as the result of a revolution against them, such as the French Revolution.
Gentry are "well-born, genteel and well-bred people" of high social class, especially in the past. Gentry, in its widest connotation, refers to people of good social position connected to landed estates, upper levels of the clergy, or "gentle" families of long descent who in some cases never obtained the official right to bear a coat of arms. The gentry largely consisted of landowners who could live entirely from rental income or at least had a country estate; some were gentleman farmers. In the United Kingdom, the term gentry refers to the landed gentry: the majority of the land-owning social class who typically had a coat of arms but did not have a peerage. The adjective "patrician" describes in comparison other analogous traditional social elite strata based in cities, such as the free cities of Italy and the free imperial cities of Germany, Switzerland, and the Hanseatic League.
High society, sometimes simply Society, is the behavior and lifestyle of people with the highest levels of wealth, power, fame and social status. It includes their related affiliations, social events and practices. Upscale social clubs were open to men based on assessments of their ranking and role within high society. In American high society, the Social Register was traditionally a key resource for identifying qualified members. For a global perspective, see upper class. The quality of housing, clothing, servants and dining were visible marks of membership.
In 1459 Ostroróg submitted a memorandum to the parliament (sejm), suggesting that the palatines, or provincial governors, should be given the title of prince and their sons the titles of barons and counts. The title of count was suggested by him for a castellanus. But all these suggestions were not accepted.