The Managerial Clique
22nd September 2018
ZMan does a deep dive.
Since the dawn of human settlement, the point of the state has been to maintain the power and position of the people in charge by protecting the interests of the people. The king gets to be king, and all that comes with it, by defending his people from threats. This requires a low time preference as the king expects to be king tomorrow and maybe even have his heirs sit on the throne when he is gone. Even a republican form of governance is designed to serve the interests of the property holders, who obviously have long term interests.
The managerial class that has subsumed western public institutions, exists to expand and protect the interest of these petty cliques, at the expense of the public. It’s not just parasitic, in terms of undermining the middle and working classes. It is parasitic within its own institutions. Since what matters is status within the clique, which has a transactional relationship within the institution it occupies. No one within the clique can think long term about the good of the institution. All they can do is borrow the language of the institution.
ZMan has been doing some very interesting analysis of late.