“The managers will exercise their control over the instruments of production and gain preference in the distribution of the products, not directly, through property rights vested in them as individuals, but indirectly, through their control of the state which in turn will own and control the instruments of production. The state – that is, the institutions which comprise the state – will if we wish to put it that way, be the “property” of the managers’.”

— James Burnham

Source: The Managerial Revolution, 1941, p. 71–72; As cited in: Stijn Maria Verhagen (2005). Zorglogica’s uit balans. p. 300

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James Burnham 16

American philosopher 1905–1987

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