A look at The Managerial Revolution, a 1941 book that predicted the rise of the “managerial class” over capitalists and may help explain Elon Musk's Twitter
The long shadow of James Burnham's The Managerial Revolution. — Since the launch of the so-called “Twitter Files” … Tweets: @pt , @greenplusane , @lemieuxlgm , @paulblu , @davidastinwalsh , @davidastinwalsh , and @czedwards Tweets: Parker / @pt : My theory on why Elite Conservatives have adopted a Marxists frame for analyzing power is that they feel unjustly alienated from The Culture that Capital should rightly have more control over. Class war sells, because everybody feels powerless over something. https://twitter.com/... Russ Greene / @greenplusane : The inconvenient truth for both the SV VC's and Vox is that capital = management, in the age of index investing. The ESG and DEI stuff that @antoniogm etc are upset about is driven more by asset management than middle management. https://www.vox.com/... Scott Lemieux / @lemieuxlgm : The way you can tell that Taibbi is now a full-on right-winger is that he's completely embraced Curtis Yarvin's “Cathedral” theory that associate professors of English literature are more influential than Fox News or the Supreme Court https://www.vox.com/... https://twitter.com/... Paul Blumenthal / @paulblu : @DavidAstinWalsh Guess @zackbeauchamp has a piece on just this https://www.vox.com/... Only thing I would add is the Sam Francis (another big Burnhamite) angle: this class war has billionaire class mobilizing MARs against their PMC employees. An above & below war against the upper middle class David Austin Walsh / @davidastinwalsh : If we take the claim seriously — and I think it's worth doing — there are three major explanations for this shift floating around out there. https://twitter.com/... David Austin Walsh / @davidastinwalsh : The third — which is by far the most compelling — is structural: Musk and the other SV tycoons are incredibly wealthy capitalists who have made their fortunes on labor arbitrage are simply acting according to their class interests during a time of resurgent worker power. @czedwards : You know, I recall reading excerpts of Burnham's book, and it struck me as the writings of an aggrieved jerk mad that nobody made him emperor. Thus its appeal to the insecure glibertarians. How a 1941 book explains Elon Musk's Twitter takeover - Vox https://www.vox.com/...