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The Internet bubble circa 2000 is the most extreme in modern capitalism. In the 1930s, we had the worst depression in 600 years. Today is almost as extreme in the opposite way.
Aggressive capitalism leads the world, and we can see the results, especially in Europe: more poverty for the vast majority, and more riches for a few.
The idea of power as a possession, whose asset can be banked and drawn on when needed, comes easy to a society whose rules grow out of the methods of finance capitalism.
Interventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism by a series of successive steps.
There is no way to turn off this global economy, nor should one try. Every previous expansion of global capitalism has led to greater prosperity across the world.
But we don't have an example of a democratic society existing in a socialist economy - which is the only real alternative to capitalism in the modern world.
Socialism is an insurance policy bought by all the members of a national economy to shield them from risk. But the result is to shield them from knowledge of the real dangers and opportunities.
It is the basic, metaphysical fact of man's nature -- the connection between his survival and his use of reason -- that capitalism recognizes and protects.
The fear of capitalism has compelled socialism to widen freedom, and the fear of socialism has compelled capitalism to increase equality. East is West and West is East, and soon the twain will meet.
The market came with the dawn of civilization and it is not an invention of capitalism. ... If it leads to improving the well-being of the people there is no contradiction with socialism.
It has been true in Western societies and it seems to be true elsewhere that you do not find democratic systems apart from capitalism, or apart from a market economy, if you prefer that term