socioeconomic upheaval Quotes

Social unrest and protectionism are the two major risks of the world economic crisis.

There is a polarizing and dualistic experience occurring politically and economically in the world, and I believe we are near the peak of a cyclical and truly chaotic time.

War prosperity is like the prosperity that an earthquake or a plague brings...but no one has for those reasons yet sought to celebrate earthquakes and cholera as stimulators of the productive forces in the general interest.

In the large sense the primary cause of the Great Depression was the war of 1914-1918. Without the war there would have been no depression of such dimensions. There might have been a normal cyclical recession; but, with the usual timing, even that readjustment probably would not have taken place at that particular period, nor would it have been a "Great Depression.

Venezuela has changed forever, there is no turning back.

When capitalists are thwarted, deflected, or dispossessed, the generals and politicians,... and socialist intellectuals, are always amazed at how quickly the great physical means of production - the contested tokens of wealth and resources of nature - dissolve into so much scrap, ruined concrete, snarled wire, and wilderness.

[The masses] ... must turn their hopes toward a miracle. In the depths of their despair reason cannot be believed, truth must be false, and lies must be truth. "Higher bread prices," "lower bread prices," "unchanged bread prices" have all failed. The only hope lies in a kind of bread price which is none of these, which nobody has ever seen before, and which belies the evidence of one's reason.

It's the reason why so many people left Britain like I did in the mid 60s because Britain was exactly the same then as America is today, getting ready to redistribute social wealth and it didn't work. You've seen that in places like Greece, Portugal, Iceland, Ireland where the entire country's business has collapsed, gone bankrupt. That's where America is heading.