
noemamag.com
September 21, 2026
15 min read
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...