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We are now in a period of social transition, a period characterized, that is, by an unusually rapid rate of change of the most important economic, so… - James Burnham
" "We are now in a period of social transition, a period characterized, that is, by an unusually rapid rate of change of the most important economic, social, political, and cultural institutions of society. This transition is from the type of society which we have called capitalist or bourgeois to a type of society which we shall call managerial.
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About James Burnham
James Burnham (November 22, 1905 – July 28, 1987) was an American philosopher and political theorist. He chaired the New York University Department of Philosophy and became a radical activist in the 1930s and an important factional leader of the American Trotskyist movement. In later years Burnham rejected Marxism and became an even more influential theorist of the political right as a leader of the American conservative movement. His 1941 book The Managerial Revolution speculated on the future of capitalism. Burnham was an editor and a regular contributor to William F. Buckley's conservative magazine National Review on a variety of topics. He rejected containment of the Soviet Union and called for the rollback of communism worldwide.
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Additional quotes by James Burnham
The faction fight in the Socialist Workers Party, its conclusion, and the recent formation of the Workers Party have been in my own case, the unavoidable occasion for the review of my own theoretical and political beliefs. This review has shown me that by no stretching of terminology can I regard myself, or permit others to regard me, as a Marxist.
The contention that control over the instruments of production is everywhere undergoing a shift, away from the capitalists proper and toward the managers, will seem to many fantastic and naive, especially if we are thinking in the first instance of the United States. Consider, it will be argued, the growth of monopoly in our times, Think of the Sixty Families, with their billions upon billions of wealth, their millions of shares of stock in the greatest corporations, and their lives which exceed in luxury and display anything even dreamed of by the rulers of past ages. The managers, even the chief of them, are only the servants, the bailiffs of the Sixty Families. How absurd to call the servant, master!
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[A rival theory that has to be better than the dominant “90 percent explanation” cannot go wrong very often and still stay in the contest. For the challenger of a 50 percent incumbent, some shortcomings are not that fatal. This comparative situation has to be remembered as argued by James Burnham:] ... we must keep in mind an obvious principle of scientific method. To disprove the theory, it is not enough to show that it is not 100% certain,that difficulties confront it, and certain evidence seems to be against it. It must be further shown that it is less certain than alternative theories covering the same subject matter, that there are in its case more difficulties, more negative evidence than in the case of at least one alternative theory. No theory about what actually happens and will happen is ever ‘certain’.
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