Burnham at least has the honesty to say that Socialism isn’t coming; the others merely say that Socialism is coming, and then give the word ‘Socialism’ a new meaning which makes nonsense of the old one. But his theory, for all its appearance of objectivity, is the rationalization of a wish. There is no strong reason for thinking that it tells us anything about the future, except perhaps the immediate future. It merely tells us what kind of world the ‘managerial’ class themselves, or at least the more conscious and ambitious members of the class, would like to live in.
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