Over the years and against conventional wisdom, utopians sustained a vision of life beyond the market. ... Georg Lukács set forth a theory of the "old and new culture” in which he argued that the socialist economy was not the goal; it was simply a precondition for humanity to advance to a new and humane culture. Most radicals do not understand that political power and economic reorganization is not the end-all, stated Lukács. The goal is not a new economic order, but freedom from an obsession with economics.
Russell JacobyRelated topics
advance beyond conventional economics end-all forth freedom market obsession order power precondition reorganization set socialist vision wisdom yearsRelated quotes
Freud pointed out, in his Problem of Lay Analysis, that it is extremely unlikely that a young man who would throw the best years of his life into the cloistered drudgery of getting an M. D. degree, could possibly make a good psychoanalyst; so he preferred to look for young analysts among the writers, the lawyers, the mothers of families, those who had chosen human contact. But in their economic wisdom, the Psychoanalytic Institute of Vienna (and New York) overruled him.
Paul Goodman
There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the U.S. economy would become less of a magnet for foreign investors. Economic growth, which in any case has recently been at unsustainable levels, would decline somewhat. History proves, however, that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.
Ben Bernanke
Let's begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system. This shift minimizes - indeed, deletes - the role of wealth in the economic and social system. And it sheds the adverse connotation going back to Marx. Instead of the owners of capital or their attendants in control, we have the admirably impersonal role of market forces. It would be hard to think of a change in terminology more in the interest of those to whom money accords power. They have now a functional anonymity.
John Kenneth Galbraith
We cannot point to a single definitive solution of any one of the problems that confront us - political, economic, social or moral, that is, having to do with the conduct of life. We are still beginners, and for that reason may hope to improve. To deride the hope of progress is the ultimate fatuity, the last word in poverty of spirit and meanness of mind. There is no need to be dismayed by the fact that we cannot yet envisage a definitive solution of our problems, a resting-place beyond which we need not try to go.
Peter Medawar
Populism is at its essence [...] just determined focus on helping people be able to get out of the iron grip of the corporate power that is overwhelming our economy, our environment, energy, the media, government. [...] One big difference between real populism and what the Tea Party thing is, is that real populists understand that government has become a subsidiary of corporations. So you can't say, let's get rid of government. You need to be saying let's take over government.
Jim Hightower