The Managerial Revolution Book Summary

In 'The Managerial Revolution,' James Burnham presents a compelling argument that a profound shift in power dynamics is reshaping society. He posits that traditional capitalists are losing their influence to a new class of managers and bureaucrats, who now wield significant control over the means of production. This revolutionary change raises urgent questions about democracy, capitalism, and the future of human agency. Burnham's insightful analysis challenges readers to rethink their understanding of political and economic structures. Are we on the brink of a new era defined by managerial elites?

By James Burnham

Published: 2021

"The managerial class has risen to power not by usurpation, but by the necessities of a mechanized and administrative society, transforming capitalism's original principles into a new paradigm of control."

Book Review of The Managerial Revolution

Written in 1941, Burnham's claim was that capitalism was dead, but that it was being replaced not by socialism, but a new economic system he called "managerialism"; rule by managers.

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The managerial class has risen to power not by usurpation, but by the necessities of a mechanized and administrative society, transforming capitalism's original principles into a new paradigm of control.

The Managerial Revolution

By James Burnham