Orwell and the Oligarchs: George Orwell Memorial Lecture, 26 November 2010

The unique quality of George Orwell's political journalism is to force us to examine not just the utterances of our opponents, but what we say ourselves, in particular how we deceive ourselves as well as deceiving others. What would Orwell diagnose as our major self‐deception if he were alive today? Orwell was much taken with James Burnham's 1941 bestseller The Managerial Society. He agreed with Burnham that the predominant drift in modern society was towards oligarchy, and not towards democracy as we like to flatter ourselves. Whether in business or politics, decisions today rest in fewer hands. Power is concentrated, not dispersed. As in Russia, the emerging system enables oligarchs to collar a disproportionate share of the rewards. Management becomes a self‐remunerating elite. Inequality of income increases sharply as a result. Oligarchy is a perversion of liberal capitalism and not a natural development of it. It can be reversed. The Coalition government has set out in a liberal and localist direction. It remains to be seen whether these promising signs will develop into a sustained and effective programme.