Why do some elites survive while others do not? How do certain institutions manage to preserve their importance in the face of crises, instability, and change? How does a democratic society legitimize elitist institutions? Combining the use of important social theories--particularly those of Mosca, Schumpeter, Tocqueville, and Pareto--with empirical analysis, Ezra Suleiman tries to answer these questions in his examination of the dominance and stability...