If there is any law governing the distribution of income between classes, it still remains to be discovered.
Joan RobinsonIt's a terrible thing to be a worker exploited in the capitalist system. The only worse thing is to be a worker unable to find anyone to exploit you.
Joan RobinsonBut, as soon as speculators become an important influence in the market, their business is to speculate on each others behaviour.
Joan RobinsonIn general, the nightmare quality of Marx's thought gives it, in this bedevilled age, an air of greater reality than the gentle complacency of the orthodox academics. Yet he, at the same time, is more encouraging than they, for he releases hope as well as terror from Pandora's box, while they preach only the gloomy doctrine that all is for the best in the best of all possible worlds.
Joan Robinson