G.D.H. COLE

The whole people would no more be able than the whole body of shareholders in a great enterprise to manage an industry....It would be necessary, under socialism as much as under large scale capitalism, to entrust the actual management of industrial enterprise to salaried experts, chosen for their specialized knowledge and ability in particular branches of work....There is no reason to suppose that the methods of appointing the actual managers in socialized industries would differ widely from those already in force in large scale capitalist enterprise....There is no reason to suppose that the socialization of any industry would mean a great change in its managerial personnel.

The whole people would no more be able than the whole body of shareholders in a great enterprise to manage an industry....It would be necessary, under socialism as much as under large scale capitalism, to entrust the actual management of industrial enterprise to salaried experts, chosen for their specialized knowledge and ability in particular branches of work....There is no reason to suppose that the methods of appointing the actual managers in socialized industries would differ widely from those already in force in large scale capitalist enterprise....There is no reason to suppose that the socialization of any industry would mean a great change in its managerial personnel.