In Europe and the United States the two decades following the Second World War will for long be remembered as a very good time, the time when capitalism really worked. Everywhere in the industrialized countries production increased. Unemployment was everywhere low. Prices were nearly stable. When production lagged and unemployment rose, governments intervened to take up the slack, as Keynes had urged.

Emancipation of belief is the most formidable of the tasks of reform and the one on which all else depends.

By all but the pathologically romantic, it is now recognized that this is not the age of the small man.

The power of the corporate bureaucracy - the power of technostructure (a term that did not take off) - is something to which I still adhere.

If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to "trickle down" economics).

There's no question that in my lifetime, the contrast between what I called private affluence and public squalor has become very much greater. What do we worry about? We worry about our schools. We worry about our public recreational facilities. We worry about our law enforcement and our public housing. All of the things that bear upon our standard of living are in the public sector.

[The] men of the technostructure are the new and universal priesthood. Their religion is business success; their test of virtue is growth and profit. Their bible is the computer printout; their communion bench is the committee room.