Curio (noun) a rare, unusual, or intriguing object

Thursday, October 5, 2023

"The Managerial Revolution"

Not a corporate-manager-type book,
despite the prominent pyramid graphic

Political theorist James Burnham published "The Managerial Revolution" in 1941 in the shadow of a depression and world war.1  He observed that capitalism had recently had a bad run and appeared to be in an unstoppable decline, but saw little evidence that it was being replaced by socialism. In fact, socialism itself, as practiced by Russia, appeared to be morphing into something quite different from its ideals. Stalin's five-year plans, European fascism, and Roosevelt's New Deal seemed to point to a different way of organizing societies and economies around governmental planning. A new class of official, the Manager, would hold power in the coming regimes.