Portrait of Yves Guyot

Yves Guyot warns that a new ruling class of managers and officials will emerge in the supposedly “classless” socialist society of the future (1908)

Found in: Socialistic Fallacies

The French economist and politician Yves Guyot (1843-1928) very quickly realised that socialism would not lead to a peaceful and classless society as promised, but would result in a new form of class rule of party officials:


There will be at least two classes, one consisting of officials to distribute the burdens and the results of labour, the other of the drudges to execute their commands. Such a dispensation would not bring with it social peace, for political would take the place of economic competition.