It is one of the ironies of this strange century that the most lasting results of the October revolution, whose object was the global overthrow of capitalism, was to save its antagonist, both in war and in peace - that is to say, by providing it with the incentive, fear, to reform itself after the Second World War, and, by establishing the popularity of economic planning, furnishing it with some of the procedures for its reform
Eric HobsbawmImpotence 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.
Eric HobsbawmHe[Napoleon] had destroyed only one thing: the Jacobin Revolution, the dream of equality, liberty and fraternity, and of the people rising in its majesty to shake off oppression. It was a more powerful myth than his, for after his fall it was this, and not his memory, which inspired the revolutions of the nineteenth century, even in his own country.
Eric Hobsbawm