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.
Eric HobsbawmThere is not much that even the most socially responsible scientists can do as individuals, or even as a group, about the social consequences of their activities.
Eric HobsbawmAll professionals, whether physicists, economists or musicians, live by and for peer judgment, even when they are being paid by people who cannot tell the difference.
Eric HobsbawmMany years later, another Marxian rephrased this as the choice between socialism and barbarity. Which of these will prevail is a question which the twenty-first century must be left to answer.
Eric HobsbawmIt 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 Hobsbawm