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According to Sociologist Michael Useem, There Is an Inner-Circle That

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According to sociologist Michael Useem, there is an inner-circle that heads the multinational corporations and the members are united by a mutual interest in preserving capitalism.


Definitions:

Unbiased Estimator

A statistical estimator that is expected to produce values close to the parameter it estimates without systematic error.

Expected Value

The long-run average value of repetitions of the same experiment or random trial.

Sample Statistic

A measure derived from a sample portion of a population, typically used to estimate the characteristics of the entire population.

Population Parameter

A population parameter is a numerical value that represents a characteristic of an entire population, such as its mean or standard deviation.

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