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."
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.
James Burnham (1905-1987) was an influential American political theorist, author, and philosopher known for his critical analysis of capitalism, socialism, and communism. A prominent figure in the conservative movement, Burnham’s notable works include "The Managerial Revolution" (1941), where he argued that a new ruling class of managers was emerging in society, and "The Machiavellians: Defenders of Freedom" (1943), which explored political thought from a realist perspective. In addition to these influential texts, he contributed to various publications, including National Review. Burnham's writing is characterized by its incisive critique and pragmatic approach to political theory, blending historical analysis with contemporary relevance.
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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
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