Michael

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well-educated managers of major companies and their technical staff are naturally attracted to the idea of a society ruled by professional experts with “enlightened” values—that is, by people much like themselves.10 This trend among corporate leaders brings the oligarchy closer to the elements of the clerisy—lawyers, academics, the media—that have long looked down on the middle orders.
The Coming of Neo-Feudalism: A Warning to the Global Middle Class
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