William Greider Quotes
As we look deeper for the soul of capitalism, we find that, in the terms of ordinary human existence, American capitalism doesn't appear to have one.
William Greider, Journalist & Editor, The Soul of Capitalism
Sourced by: Eigen's Political and Historical Quotations
Many of the far left grew disillusioned with the British Labor Movement and how it was relating to the capitalist companies, the government, and the workers. The Unions had become very undemocratic and controlling with the government pressuring both labor and companies to the degree that many felt that the institutions themselves were no longer free institutions. Ironically, they preferred the open competition of the American system at the time where unions and companies were free to fight out their differences.
By producing growth and an increasing standard of living and universal education, capitalism’s citizens have the time, education, and resources to protest and produce social unrest. However, that assumes that there is also a democratic state. For Schumpeter and many others, capitalism and democracy go hand in hand, but many point to historical examples of one developing faster than the other.
William Harold Greider was an American journalist and author who wrote primarily about economics.
