The Managerial Revolution

What is Happening in the World

This political and economic work argues that traditional capitalism is dying and being replaced by a new system termed managerialism. The author contends that supreme economic and political power is shifting from owners and capitalists to administrators, technocrats, and bureaucrats. Written during the early years of the Second World War, the text analyzes global social structures and predicts the rise of managed societies across major world powers.

by James Burnham

Penguin Books · First published 1941 · 285 pages