| | Critics, who generally tend to be pro Free-market argue that the only economic planning that government should engage in is providing a framework for the economy to operate, such as sufficient [[infrastructure]] and the maintenance of [[law]] and [[order]] | | Critics, who generally tend to be pro Free-market argue that the only economic planning that government should engage in is providing a framework for the economy to operate, such as sufficient [[infrastructure]] and the maintenance of [[law]] and [[order]] |
| | James Burnham, a former [[Trotskyite]], discovered in 1941 that the "workers revolution" which allegedly was to overthrow the capitalist "exploiters," was in real practice a "managerial revolution" which replaced older 19th century owners of capital with twentieth century technocrats and managers. Burnham found that "workers in this mythical 'workers' state' were, the facts showed, a subject class far more heavily exploited than the workers under capitalism," and that the new managers in a planned economy "have curbed the masses and have instituted a social structure in which they are on top, not by virtue of private property rights in the instruments of production, but through their monopoly control of a state power which has fused with the economy." <ref>''The Managerial Revolution'', James Burnham, Indiana University Press, Bloomingham 1966.</ref> | | James Burnham, a former [[Trotskyite]], discovered in 1941 that the "workers revolution" which allegedly was to overthrow the capitalist "exploiters," was in real practice a "managerial revolution" which replaced older 19th century owners of capital with twentieth century technocrats and managers. Burnham found that "workers in this mythical 'workers' state' were, the facts showed, a subject class far more heavily exploited than the workers under capitalism," and that the new managers in a planned economy "have curbed the masses and have instituted a social structure in which they are on top, not by virtue of private property rights in the instruments of production, but through their monopoly control of a state power which has fused with the economy." <ref>''The Managerial Revolution'', James Burnham, Indiana University Press, Bloomingham 1966.</ref> |