Eric Hobsbawm Quotes
Impotence therefore faces both those who believe in what amounts to a pure, stateless, market capitalism, a sort of international bourgeois anarchism, and those who believe in a planned socialism uncontaminated by private profit-seeking. Both are bankrupt. The future, like the present and the past, belongs to mixed economies in which public and private are braided together in one way or another. But how? That is the problem for everybody today, but especially for people on the left.
Hobsbawm, Eric. The Age of Extremes: A History of the World, 1914-1991. Pantheon Books, 1994, p. 563.
Eric John Ernest Hobsbawm CH FRSL FBA was a British historian of the rise of industrial capitalism, socialism and nationalism. A life-long Marxist, his socio-political convictions influenced the character of his work. His best-known works include his trilogy about what he called the "long 19th century" (The Age of Revolution: Europe 1789–1848, The Age of Capital: 1848–1875 and The Age of Empire: 1875–1914), The Age of Extremes on the short 20th century, and an edited volume that introduced the influential idea of "invented traditions".