The long shadow of James Burnham’s The Managerial Revolution.
So I think by now we're used to the constant talk about class warfare in terms of the capital class vs the working class, but apparently some people are worried about a third class.
Apparently some billionaires have discovered a book from the early 1940s that talks about a managerial class that's secretly working to take control of their capital away from them (ignore the fact that the predictions of that book never came true or that the current situation doesn't remotely resemble the one the book describes).
I've been wondering what the paranoia among rich people is about and, though I still think it's insane, this explanation makes a lot more sense than anything else I've read so far.













