Galbraith was right, and still is

John Kenneth Galbraith's "The New Industrial State" was published in 1967. He described the very high level political economics of the highly developed industrial world of the time. He coined the word Technostructure to show the convergence of industrial bureacaracies in both the communist and democratic worlds. He observed that technocrats were the people who were really controlling societies and governments. Technocrats being the corporate politicians who had mastered the organizations who control the production of goods.This is a highly evolved socialist worldview that conservatives hate.