During the following decade [of the 1950s] modern economic history took a dramatic swing away from the liberal-left consensus established by the Hammonds, Tawney and the Webbs. The seminal text for this change of direction was the 1954 collection of essays compiled by F. A. Hayek, "Capitalism and the Historians".
Friedrich HayekRelated topics
change consensus direction following history seminal take text 1950s HayekRelated quotes
The perennial conviction that those who work hard and play by the rules will be rewarded with a more comfortable present and a stronger future for their children faces assault from just about every direction. That great enemy of democratic capitalism, economic inequality, is real and growing.
Jon Meacham
My mother's belief in spiritual healers grew stronger after our family went through a rough patch following my father's death. Sufi saint Karimullah Shah Kadri changed our lives, and all of us converted to Sufism. But it wasn't an instantaneous decision - it took us 10 years to convert. The change in religion was like washing away the past.
A. R. Rahman
The New Deal is a phase of the transition process from capitalism to managerial society. The New Deal is not Stalinism and not Nazism. But no candid observer, friend or enemy of the New Deal, can deny that in terms of economic, social, political, ideological changes from traditional capitalism, the New Deal moves in the same direction as Stalinism and Nazism.
James Burnham
"The thing I hate the most about advertising is that it attracts all the bright, creative and ambitious young people, leaving us mainly with the slow and self-obsessed to become our artists.. Modern art is a disaster area. Never in the field of human history has so much been used by so many to say so little." [taken from Adbusters magazine].
Banksy
In the course of history periods of capitalism and socialism alternate with one another; capitalism is the unnatural, socialism the natural economic system.... The National Socialists and the Red Front have the same aspirations. The Jews falsified the Revolution in the form of Marxism and that failed to bring fulfilment.
Heinrich Himmler