Third party politics, at least since La Follette, has always had an element of romance.

Technology means the systematic application of scientific or other organized knowledge to practical tasks.

If there must be madness, something may be said for having it on a heroic scale

Then came the second Amsterdam discovery, although the principle was known elsewhere. Bank deposits...did not need to be left idly in the bank. They could be lent. The bank then got interest. The borrower then had a deposit that he could spend. But the original deposit still stood to the credit of the original depositor. That too could be spent. Money, spendable money, had been created. Let no one rub his or her eyes. It's still being done-every day. The creation of money by a bank is as simple as this, so simple, I've often said, that the mind is slightly repelled.

Money is what fueled the industrial society. But in the informational society, the fuel, the power, is knowledge. One has now come to see a new class structure divided by those who have information and those who must function out of ignorance. This new class has its power not from money, not from land, but from knowledge.

The huge capacity to purchase submission that goes with any large sum of money, well, this we have. This is a power of which we should all be aware.

Ralph [ Nader] is an old friend of mine, and he does a useful job in displaying a position.