I would like, then, to end by putting in a good word for the non-industrious poor. At least they aren’t hurting anyone. Insofar as the time they are taking time off from work is being spent with friends and family, enjoying and caring for those they love, they’re probably improving the world more than we acknowledge.

If your father is an air-conditioner repairman from Nebraska, its conceivable that you might become a CEO, but you can't imagine being the drama critic for the New York Times. So if you come from a background like that and you want to actually have a career which involves doing something noble in the world, what can you do? You can join the army. That's about it. Or you can work for the church. That explains a lot of the focus of right-wing populism. The right wing figured that out, that people want enough to survive and to do good.

Traditional hedonism...was based on the direct experience of pleasure: wine, women and song; sex, drugs and rock 'n' roll; or whatever the local variant. The problem, from a capitalist perspective, is that there are inherent limits to all this. People become sated, bored...Modern self-illusory hedonism solves this dilemma because here, what one is really consuming are fantasies and day-dreams about what having a certain product would be like.

The example of Russia reminds us that keeping up that enormous dead weight of the security apparatus required to enforce the ideological conformity to preempt anything that looks like an alternative or a social movement is destroying capitalism.

The difference between capitalism and feudalism is that under capitalism, they make money directly through wages, manufacturing, and commerce and under feudalism, it's directly through juro-political means.

You would think that if neoliberals were in any way honest, after the collapse of the Soviet Union the first thing to do is get rid of the Red Army and the KGB, and build up the economy. Instead, they just get rid of the economy and keep the military and the KGB.

You can't have cutthroat competition when there's no one stopping you from actually cutting each other's throats. In order to build up trust we also have to think about each other's needs and it creates an entirely different dynamic.