This collection of readings has been complied on the assumption that for an adequate explanation of the success and failure, the strengths and weaknesses, of democracy, it is necessary to resort to both class and elite theories and to strive for the future development of the extant beginnings of a synthesis between them. For this purpose, it presents the most central and intellectually outstanding readings that illustrate the manner in which the two theories have analyzed democracy, as well as democratization, in various parts of the world.