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September 23, 2016



"In truth, sensible people – the sort who aren't TV executives – have known this all along."

I agree with this. But there is perhaps a historical reason why this isn't received wisdom.

In futurology in the 1960s and 1970s, there was a fairly popular argument - whose locus classicus is probably Daniel Bell's The Coming of Post-Industrial Society (1973) - that the future would see significantly more leftist and egalitarian societal outcomes than it actually did, because in modern complex firms, decision rights are ever-increasingly diffuse, and the more diffuse they are, the more leftist and egalitarian their possessors will be by virtue of their non-upper class position.

As we all know, it didn't work out quite THAT way.

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