Discussion: The Managerial Revolution: What is Happening in the World

Author: James Burnham

Description: James Burnham's The Managerial Revolution (1941) argues that society is undergoing a fundamental shift from a capitalist to a managerial structure. Burnham theorizes that traditional capitalist owners are being replaced by a new class of managers and bureaucrats who control the means of production, shifting power dynamics within industries and governments.

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