By James Alexander 1

Vilfredo Pareto: The Karl Marx of Fascism
Part III: The Theory of Elites

Circulation of the ElitesApart from his analyses of residues and derivations, Pareto is notable among sociologists for the theory known as “the circulation of the elites.” Let us remember that Pareto considered society a system in equilibrium, where processes of change tend to set in motion forces that work to restore and maintain social balance.Pareto asserts that...