The Rise of the Managerial Class with Michael Lind

Truth with Vivek Ramaswamy

Vivek Ramaswamy

Business, News, Government

4.7 • 1.2K Ratings

🗓️ 7 June 2023

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, host Vivek Ramaswamy welcomes guest Michael Lind, acclaimed author of "The New Class War." Together, they delve into the rising divide between the managerial class and everyday citizens across various institutions in America. The discussion uncovers the pivotal role of education in defining power, the shifting paradigms within corporations' board of directors, the potential of nationalism based on shared ideals, and the significance of civic duties in a democratic society. -- Donate here: https://t.co/PE1rfuVBmb For more content follow me here: Twitter - @VivekGRamaswamy Instagram - @vivekgramaswamy Facebook - http://facebook.com/VivekGRamaswamy Truth Social - @VivekRamaswamy Rumble - @VivekRamaswamy -- Time-codes: 00:00:00: Vivek Ramaswamy uncovers the division between the managerial class and the average citizens across institutions. 00:03:44: Michael Lind introduces his book and its focus on the rise of a new managerial class, replacing 19th-century capitalists. 00:07:34: Lind counters Marxist criticisms and outlines the integral role of CEOs in society. 00:08:37: Through a thought experiment, Lind illustrates the significance of managers in societal structures. 00:10:04: College education is revealed by Lind as a defining factor of the managerial class. 00:15:31: Lind expounds on the evolution of the board of directors system, tailored for 20th-century corporations. 00:17:19: Ramaswamy questions the distribution of power between the managerial class and capitalists. 00:19:18: Lind presents historical ways of dealing with private economy power: regulation and countervailing power. 00:23:15: Lind advocates for the role of reformist managerial elite and heretic capitalists to empower the working class. 00:25:30: Ramaswamy proposes the MAGA movement as a possible mass member organization replacement. 00:30:25: Nationalism based on shared ideals is suggested by Ramaswamy as a potential resolution to societal power struggles. 00:32:37: Ramaswamy introduces a unique voting system emphasizing the role of national service or passing a civics test. 00:37:30: The concept of tying privileges to the Pacific is discussed by Ramaswamy to address the tyranny argument. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I think one of the great underappreciated divides in our country today is not that between Republicans and Democrats, but between the
0:17.1	managerial class and the everyday citizen. And it is a managerial class that isn't just
0:22.4	limited to government.
0:24.0	Permeates every other institution now increasingly in private sector life in America as well.
0:29.7	And they're the stewards of institutions that often co-op
0:34.4	that institutions workings for their own gain.
0:37.0	I'm focused on that in the federal government.
0:40.1	Talk a lot about the fourth branch of government,
0:41.8	the administrative state, which I intended
0:43.3	dismantle. We have three branches of government, the United States, executive, legislative, and judicial. There's no fourth codified
0:50.0	in the Constitution the last time I read it. It's that fourth branch that actually operates with the greatest
0:54.3	power today. But this is just a symptom of a deeper cultural trend in America where the managerial
1:02.0	bureaucrats have gained far more control of every institution.
1:06.5	Our universities, increasingly our companies, non-profit institutions and yes government too, that I think reveals a deeper skepticism of individuals
1:18.3	and the ability of individuals to not only govern themselves in a constitutional republic, but to come together in any institution
1:24.8	to realize its purpose without being intermediated by the actual managers who are entrusted
1:31.9	with safeguarding that institution.
1:34.0	It sort of reminds me of a story I first read in high school.
1:38.0	It was Dosteevsky's The Grand Inquisitor, that was the chapter out of the brothers,
1:44.0	Karamazov, one of his great works.
1:46.6	And the way the parable went was Christ came back
1:50.0	to Earth in the middle of the Spanish Inquisition.
	...

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