Elite theory is a political and sociological perspective that argues that a small, concentrated group of individuals holds the majority of power and influence in society, often at the expense of the larger population. This theory suggests that political decision-making is primarily dominated by elites, such as business leaders, political figures, and wealthy individuals, who use their resources to shape policies and outcomes. As it relates to political action committees and campaign finance, elite theory highlights how these groups can facilitate the concentration of power among a select few by enabling significant financial contributions that influence elections and legislation.
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