"There is an elite whose power is derived from corporate hierarchies that constitutes the power elite. This power elite is contrasted with a powerless and unorganized mass, the underclass." This statement is a summary of whose theory of social stratification?

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This statement summarizes the theory of social stratification put forth by C. Wright Mills in his book "The Power Elite." Mills argued that a small group of individuals at the top of corporate and political hierarchies hold the most power in society, while the vast majority of people have little power or influence. He described this group as the "power elite" and contrasted them with the "underclass," which he viewed as being marginalized and powerless.

"There Is an Elite Whose Power Is Derived from Corporate