This reduction toward impotence of the capitalists is accompanied by the rise of precisely the class which we found to be at the top in Russia: the managers, together with their bureaucratic and military colleagues. This is the class (in which some individual capitalists have found a place) that even today in Germany holds the largest share of control over the instruments of production, wields the effective power, and already is receiving the lion’s share of the privileges. Even in Nazi law, the position of the manager is beginning to be openly recognized.
