What does the Marxist critique of elite theory argue?

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The Marxist critique of elite theory argues that elites form a ruling class dominated by big business. Marxists argue that the real source of power lies in economic relationships and that those who control the means of production also control the political system. Marxist theory does not deny the existence of elites, but sees them as a class that uses its power and resources to maintain its dominance and exploit the working classes.

What Does the Marxist Critique of Elite Theory Argue