This seems an interesting question. One way to approach the question could be to consider that on a global scale the average American consumer is an economic elite. How we regard our wealth in regards to the very many around the world who have so much less might provide some insight in to the mindset of the American top 1%. — Hippyhead
I imagine it would, but then again the top 1% (and remember, here I'm really meaning the top 0.1%) are very different than the average American consumer, who (like you mentioned) themselves are already quite privileged when compared to those in the rest of the world.
The people who control the companies that control the world are human beings as well, but with a unique circumstance: they're part of a club, a tradition. This tradition is one of true power in the sense of
actual control over decisions on a national and international level. This tradition has many manifestations -- there have been ruling classes and elites for millennia -- but currently it appears as the corporation. This represents big business.
I think an example is helpful: Amazon. (You could take Facebook or Google or JP Morgan or Walt Disney or one of the fortune 500 companies, they all operate
basically the same way.)
As a corporation they function and have attained their status in a system of rules and rights -- e.g., the idea of private property, ownership, corporation as legal "person," private profit, etc. -- and function within this system. They not only have control over people who work for them (amounting to millions of people), but the families, friends, and communities of which these people are connected. They own the major media, have the resources to both lobby ("influence") government for favorable legislation and bribe ("contribute to") politicians.
All of this is easy to see, and right on the surface. Takes a few minutes to think it through, and I think most Americans take it for granted.
So what's the point of me reviewing the obvious? Because if these companies essentially run the world, then the people running the companies is where we should be focused -- and are the topic of this thread. They are the owners of these companies, and make all the decisions about how to run the company. They appoint the administration, from the CEO on down the executive and managerial chain, and decide what to do with the profits. Specifically, they are the
major shareholders.
And here a little knowledge about how a corporation operates is important, as is a little acquaintance with how stocks work. But otherwise it's fairly obvious what group makes the important decisions in a corporation. Perhaps there's 10-20 people on the board of directors, representing these major shareholders, and a handful of others. Add them up, maybe 50-100 people run any one of these Fortune 500 companies.
Add all the companies together, and you're looking at a number in the thousands, perhaps tens of thousands. That's not 1% of the global population. That's not even 1% of the American population. There's about 328 million people in the United States. 1% of that is 3.2 million. We're talking about tens of thousands of people, maybe hundreds of thousands tops, who control the world by controlling the corporations. 0.1% would take us to 320 thousand, which itself seems too high, but is at least closer to what one would expect -- at least in the United States.
When you start asking questions about THAT group, comparisons to average Americans just don't seem to fly.