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The End Of Upward Mobility – AI is coming for the meritocracy

The End Of Upward Mobility | NOEMA

noemamag.com

September 21, 2026

15 min read

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45/100

Summary

In April 1941, with the Wehrmacht in Paris and the Ribbentrop–Molotov pact still in force, the political theorist James Burnham published “The Managerial Revolution,” which famously declared that capitalism was finished. His claim was not that it ought to be finished, but that it was, as a matter of observable fact, being replaced. The successor system would not, however, be socialism, as he had h...

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