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Elite theory challenges democratic assumptions by revealing that small minorities always rule, regardless of political system. This lecture examines three Italian thinkers who developed this framework: Gaetano Mosca on the "political class," Vilfredo Pareto on lions versus foxes and elite circulation, and Roberto Michels on the "iron law of oligarchy." Learn why even democratic organizations develop hierarchical power structures, how political formulas legitimate elite rule, and why revolutionary movements reproduce the hierarchies they overthrow. Essential for understanding contemporary politics, corporate governance, bureaucratic power, and the gap between democratic rhetoric and political reality. A sobering but necessary corrective to political idealism. Disclaimer This video is produced for educational and academic purposes. The narration voices are generated using artificial intelligence and are used solely as neutral documentary narration. While the voices may resemble natural or familiar human speech, they are not intended to represent, depict, or be attributed to any specific real individual, living or deceased. No endorsement or personal attribution is implied.