STUDENT 1(Janzen) The “global elite,” also labeled the

STUDENT 1(Janzen): The “global elite,” also labeled the “shadow government” by some, is a theory which states that governments are not the highest forms of power, instead it is those whose wealth has allowed them the ability to control both the political and economic state of not only a specific country, but also the whole world. The members of the global elite would be considered the multi-billionaires who are “composed largely of working professionals who have made their fortunes rather than inheriting them.” (Chambliss & Eglitis, p. 181) These people are different from upper-class elites due to the fact that they have MUCH more money and power than they do, as well as the fact that they focus more on large scale events as opposed to smaller scale “private” matters. The main reason that the global elite are not limited by borders is due to the fact that they have a hand in almost everything and everywhere. A perfect example of someone who would be part of the “global elite” would be the Oil tycoon John D. Rockefeller back during the early to early mid 1900’s. His ability to create a monopoly on the oil business in American allowed him to purchase businesses all around the globe, this in turn allowed him to heavily sway lawmakers and politicians to bend to his will by pouring money into their campaigns regardless of what country it was. It was because of business tycoons such as Rockefeller, Carnegie, and Beit that the theories of “global elites” came into play. A more recent, and well known, global elite would go by the name of George Soros. Soros is an extremely successful banker who has ties all over the world, especially the United States. He has gotten so much attention that Vladimir Putin actually issued an international arrest warrant for him back in 2015. “Russian Intelligence has fingered Soros for using cross-collateralized compounded Swedish and Danish foreign currency derivatives for the purpose of an attack on the Russian stock market.” (Alternative. 2015) What this means is that Soros was caught using his wealth and power to try and manipulate Russia’s stock market by making it crash, he was able to do this without government help, laws, or even brute force, just his ability to use his connections with other “global elitist’s” and his money to potentially try and bankrupt an entire nation! I am curious to see whether or not my fellow classmates believe there is truly a “global elite”? Or is it just another made up conspiracy? Perhaps it can be labeled a way for society to blame problems that occur on those who are part of the 1%? I look forward to hearing from you guys!REFERENCES:Eglitis, Daina & Chambliss, W. J. (2n.d.). Discover Sociology 2E Custom Interactive E-Book Edition, 2nd Edition. Los Angeles: SAGE.Russia Issues International ARREST WARRANT For ROTHSCHILD & SOROS | Alternative. (2015, March 09). Retrieved December 25, 2016, from http://beforeitsnews.com/alternative/2015/03/russi…STUDENT 2(Parker): What is meant by the term “global elite?” Who are the members of the global elite, and how do they differ from the upper-class elites described in Chapter 7? Why are the global elite “not limited by borders?” In your response provide examples of members of the global elite as well as evidence to support your response. The global elite are, a trans global class of professionals who exercise considerable economic and political power that is not limited by national borders. The global elite consists of self-made millionaires and billionaires from developed countries such United States mainly and few other countries. These individuals have made their wealth through hard work in the business or media field. Of the elite there are only a few roughly around a combined total of 1256 billionaires and millionaires. The global elites are not limited due to their power is multiplied by the fact that they are deeply networked, sharing links to other members of the elite through both personal and professional ties. Their exercise of power is not always direct, but their influence is palpable in politics, economics, and media, among other areas.When looking at the income of some the social elite of the economics. Citigroup CEO Vikram Pandit just took home $80 million, in what may eventually total more than $200 million in compensation and bonuses. Coming in at the top of the list is JP Morgan Chase CEO Jamie Dimon, who just took home $90 million. 2009 was an all-time record-breaking year for Wall Street executives bringing in a total of $145 billion. And then, in 2010, they raised the bar even higher, breaking the all-time record set the year before by pulling in another $149 billion. The audacity of it all is stunning. With all that being said nothing is going to be said to them because of the influence and power. STUDENT 3 (Griggs): What is meant by the term “global elite?” Who are the members of the global elite, and how do they differ from the upper-class elites described in Chapter 7? Why are the global elite “not limited by borders?” In your response provide examples of members ‘of the global elite as well as evidence to support your response. “Global Elite” is a term used to separate wealthy upper-class elites from those who have financial control over large businesses, financial institutions, or factories. Generally these individuals are CEOs or executives over large corporations who have some sort of political power on a global level that is not limited by national borders. Some of these CEOs or corporate executives could control natural resources such as oil (Chambliss & Eglitis, 2016, p.198-199). As mentioned from one of our classmates another example could be who controls the media. The media is able to control another vital resource to any country and that is the people. Media controls the heart and minds of any country and has and will manipulate information for its agenda even if it is as simple as shock value to obtain more viewers.in 1983 90% of America’s media was controlled by more than 50 companies, now as recently as 2011 it is owned by a mere. So a resource can be as defined as oil, gold, or diamonds and it can be as undefined as an entire population. Now these resources are perhaps located in one country yet can have marginal influence on another, hence not being limited by boarders. For example with oil in the Middle East, the amount of oil OPEC gathers and trades has an effect on global markets. When U.S shale started to boom OPEC decided to keep pumping oil out at the current levels to avoid losing market share, this caused so much oil to be flooded onto the market it dropped the prices dramatically (along with a few other variables). This caused many of these U.S shale companies to go bankrupt since they could not remain competitive with the 35 dollars a barrel price. Unfortunately, this cause a lot of jobs to be lost and actually hurt the economy instead of helping it as many of us would normally think. The term “Class Elites” can be used to define those who are influencing within one national border the mass media could be a useful example for this but, people generally are variables. If the people in one country has been influenced to feel negatively towards another country, it could influence government policies that could have global effects. A better description could be a wealthy family that owns vast amount of lands for farming and cattle. Generally these individuals have made money from inheritance that is passed down from generation to generation.Eglitis, Daina & Chambliss, W. J. (2n.d.). Discover Sociology 2E Custom Interactive E-Book Edition, 2nd Edition. Los Angeles: SAGE.

STUDENT 1(Janzen) The “global elite,” also labeled the

STUDENT 1(Janzen): The “global elite,” also labeled the “shadow government” by some, is a theory which states that governments are not the highest forms of power, instead it is those whose wealth has allowed them the ability to control both the political and economic state of not only a specific country, but also the whole world. The members of the global elite would be considered the multi-billionaires who are “composed largely of working professionals who have made their fortunes rather than inheriting them.” (Chambliss & Eglitis, p. 181) These people are different from upper-class elites due to the fact that they have MUCH more money and power than they do, as well as the fact that they focus more on large scale events as opposed to smaller scale “private” matters. The main reason that the global elite are not limited by borders is due to the fact that they have a hand in almost everything and everywhere. A perfect example of someone who would be part of the “global elite” would be the Oil tycoon John D. Rockefeller back during the early to early mid 1900’s. His ability to create a monopoly on the oil business in American allowed him to purchase businesses all around the globe, this in turn allowed him to heavily sway lawmakers and politicians to bend to his will by pouring money into their campaigns regardless of what country it was. It was because of business tycoons such as Rockefeller, Carnegie, and Beit that the theories of “global elites” came into play. A more recent, and well known, global elite would go by the name of George Soros. Soros is an extremely successful banker who has ties all over the world, especially the United States. He has gotten so much attention that Vladimir Putin actually issued an international arrest warrant for him back in 2015. “Russian Intelligence has fingered Soros for using cross-collateralized compounded Swedish and Danish foreign currency derivatives for the purpose of an attack on the Russian stock market.” (Alternative. 2015) What this means is that Soros was caught using his wealth and power to try and manipulate Russia’s stock market by making it crash, he was able to do this without government help, laws, or even brute force, just his ability to use his connections with other “global elitist’s” and his money to potentially try and bankrupt an entire nation! I am curious to see whether or not my fellow classmates believe there is truly a “global elite”? Or is it just another made up conspiracy? Perhaps it can be labeled a way for society to blame problems that occur on those who are part of the 1%? I look forward to hearing from you guys!REFERENCES:Eglitis, Daina & Chambliss, W. J. (2n.d.). Discover Sociology 2E Custom Interactive E-Book Edition, 2nd Edition. Los Angeles: SAGE.Russia Issues International ARREST WARRANT For ROTHSCHILD & SOROS | Alternative. (2015, March 09). Retrieved December 25, 2016, from http://beforeitsnews.com/alternative/2015/03/russi…STUDENT 2(Parker): What is meant by the term “global elite?” Who are the members of the global elite, and how do they differ from the upper-class elites described in Chapter 7? Why are the global elite “not limited by borders?” In your response provide examples of members of the global elite as well as evidence to support your response. The global elite are, a trans global class of professionals who exercise considerable economic and political power that is not limited by national borders. The global elite consists of self-made millionaires and billionaires from developed countries such United States mainly and few other countries. These individuals have made their wealth through hard work in the business or media field. Of the elite there are only a few roughly around a combined total of 1256 billionaires and millionaires. The global elites are not limited due to their power is multiplied by the fact that they are deeply networked, sharing links to other members of the elite through both personal and professional ties. Their exercise of power is not always direct, but their influence is palpable in politics, economics, and media, among other areas.When looking at the income of some the social elite of the economics. Citigroup CEO Vikram Pandit just took home $80 million, in what may eventually total more than $200 million in compensation and bonuses. Coming in at the top of the list is JP Morgan Chase CEO Jamie Dimon, who just took home $90 million. 2009 was an all-time record-breaking year for Wall Street executives bringing in a total of $145 billion. And then, in 2010, they raised the bar even higher, breaking the all-time record set the year before by pulling in another $149 billion. The audacity of it all is stunning. With all that being said nothing is going to be said to them because of the influence and power. STUDENT 3 (Griggs): What is meant by the term “global elite?” Who are the members of the global elite, and how do they differ from the upper-class elites described in Chapter 7? Why are the global elite “not limited by borders?” In your response provide examples of members ‘of the global elite as well as evidence to support your response. “Global Elite” is a term used to separate wealthy upper-class elites from those who have financial control over large businesses, financial institutions, or factories. Generally these individuals are CEOs or executives over large corporations who have some sort of political power on a global level that is not limited by national borders. Some of these CEOs or corporate executives could control natural resources such as oil (Chambliss & Eglitis, 2016, p.198-199). As mentioned from one of our classmates another example could be who controls the media. The media is able to control another vital resource to any country and that is the people. Media controls the heart and minds of any country and has and will manipulate information for its agenda even if it is as simple as shock value to obtain more viewers.in 1983 90% of America’s media was controlled by more than 50 companies, now as recently as 2011 it is owned by a mere. So a resource can be as defined as oil, gold, or diamonds and it can be as undefined as an entire population. Now these resources are perhaps located in one country yet can have marginal influence on another, hence not being limited by boarders. For example with oil in the Middle East, the amount of oil OPEC gathers and trades has an effect on global markets. When U.S shale started to boom OPEC decided to keep pumping oil out at the current levels to avoid losing market share, this caused so much oil to be flooded onto the market it dropped the prices dramatically (along with a few other variables). This caused many of these U.S shale companies to go bankrupt since they could not remain competitive with the 35 dollars a barrel price. Unfortunately, this cause a lot of jobs to be lost and actually hurt the economy instead of helping it as many of us would normally think. The term “Class Elites” can be used to define those who are influencing within one national border the mass media could be a useful example for this but, people generally are variables. If the people in one country has been influenced to feel negatively towards another country, it could influence government policies that could have global effects. A better description could be a wealthy family that owns vast amount of lands for farming and cattle. Generally these individuals have made money from inheritance that is passed down from generation to generation.Eglitis, Daina & Chambliss, W. J. (2n.d.). Discover Sociology 2E Custom Interactive E-Book Edition, 2nd Edition. Los Angeles: SAGE.