Gustav Stresemann Quotes
This old Germany was partly defeated in its conflict with the progressive ideas of socialism, for it had given the people nothing that could serve as a successful alternative to socialism.
Stresemann, Gustav. "The New Germany." Nobel Lectures, Peace 1926-1950, edited by Frederick W. Haberman, Elsevier Publishing Company, 1972.
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.
Alexander Dubcek, Communist leader of Czechoslovakia, had pushed reform so far that 5 Soviet armies invaded. Dubcek was brought to Russia where he tried to persuade the Russian premier that the invasion was contrary to the principles of socialism.
Gustav Ernst Stresemann was a German statesman who served as chancellor in 1923 (for 102 days) and as foreign minister from 1923 to 1929, during the Weimar Republic.