What personal belief did Pareto have about society?
Cyclic nature of elites
Utopian socialism
Absolute monarchy
Liberal democracy
Answer
Pareto believed that societies undergo a cyclical pattern of elite turnover. He argued that elites inevitably become corrupt and inefficient, leading to their downfall and replacement by a new elite. This cycle repeats itself indefinitely, with no permanent progress or decline in society. Pareto's theory emphasizes the inherent instability of social systems and the constant struggle for power among different groups.
Mastering Pareto: Exploring the Legacy of Vilfredo Pareto in Sociology and Economics
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