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The Oligarchical Revolution.
Eighty years have passed since wrote the 20th century's most important, insightful, and work of political science, . Burnham, a former Trotskyite-turned-conservative political philosopher, argued that capitalism as a social organizing structure had been on its deathbed since the beginning of the First World War and would soon pass into insignificance. And, just as capitalism had struggled against and replaced feudalism, so too a new socio-economic principle—what I like to think of as “managerism”—was supplanting it.Under this new socio-economic order, managers, not capitalists, control the...…Eighty years have passed since wrote the 20th century's most important, insightful, and work of political science, . Burnham, a former Trotskyite-turned-conservative political philosopher, argued that capitalism as a social organizing structure had been on its deathbed since the beginning of the First World War and would soon pass into insignificance. And, just as capitalism had struggled against and replaced feudalism, so too a new socio-economic principle—what I like to think of as “managerism”—was supplanting it.Under this new socio-economic order, managers, not capitalists, control the...WW…
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