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' "Charles Wright Mills was an American sociologist, and a professor of sociology at Columbia University from 1946 until his death in 1962. Mills was published widely in popular and intellectual journals, and is remembered for several books. Among them The Power Elite, which introduced that term and describes the relationships and class alliances among the U.S. political, military, and economic elites...."
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Since World War II :
1. American democracy is now only a formality; State and Corporate entities became hardly distinguishable; democracy is being dominated by the corporate chiefs.
2. As the focus of the power elite "shifted their attention from domestic to international affairs" (read: from colonizing the Americas to colonizing all of it), warlords became very influential in US politics; State and Military became hardly distinguishable.
3. The economy is now both a war economy and a private corporate economy. Not the politicians but the warlords and the corporate chiefs decide about military actions.