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Showing posts from April, 2019

Quotes: Is capitalism just a phase of history?

Max Lerner:"But capitalist democracy has its blind alleys as well. Its great weakness is capitalism as an organization of economic and social relations. Capitalism has passed through the stages of guild control, mercantilist state control, individualist laissez-faire, corporate monopoly. Always its apologists have sought to eternalize it, to talk of it as if it were a permanent part of the structure of the universe, built into the fabric of human nature. Actually, of course, it represents only a phase of human history — a few centuries out of all the centuries of civilized life."
Max Lerner. It Is Later Than You Think: The Need for a Militant Democracy. New York: The Viking Press, 1939. p 45.Erich Maria Remarque:"Money is an illusion; everyone knows that, but many still do not believe it. As long as this is so the inflation will go on till absolute zero is reached. Man lives seventy-five per cent by his imagination and only twenty-five per cent by fact..."
Erich …