The book in question presents a theory about the transformation of capitalism into a new socioeconomic order. The author argues that traditional capitalism, characterized by private property and a class of owners who control production, is being replaced by a managerial society. In this emerging system, control over the economy shifts from the hands of private owners to a new class of professional managers and technocrats. These managers run the operations of large-scale production and organizations, effectively becoming the ruling class. The author suggests that this change is inevitable and is driven by the complexities of modern industrial technology and the need for specialized knowledge in economic management. The book explores the implications of this shift for the future of economic and political structures on a global scale.

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