I am suggesting that there is, and always has been, a rather high correlation between ethnicity and occupation/economic role throughout the various time-space zones of historical capitalism.

Uncertainty is wondrous, and.. certainty, were it to be real, would be moral death.

The mode of reconciling the promise of ever-increasing reward for the cadres and the demands of the working classes for a quid pro quo for their loyalty to the state was to offer the latter a small piece of the pie.

The employment rates are in very bad shape. We vastly underestimate the unemployment

When systems come to be far from points of equilibrium, they reach bifurcation points, wherein multiple, as opposed to unique, solutions, to instability become possible.

It is, let me say, at the very least by no means self-evident that there is more liberty, equality, and fraternity in the world today than there was one thousand years ago. One might arguably suggest that the opposite is true. I seek to paint no idyll of the worlds before historical capitalism. They were worlds of little liberty, little equality, and little fraternity. The only question is whether historical capitalism represented progress in these regards, or regression.

To those critics who see capitalism as a system of inegalitarian, oppressive structures, its defenders have vaunted its ability to recognize and encourage what they call individual merit and asserted not only the desirability but also the inevitability of differential reward, of earned privilege, so to speak.