The old-fashioned idea is that responsibility falls upon those who borrow and lend. Money was not borrowed by campesinos, assembly plant workers, or slum-dwellers. The mass of the population gained little from borrowing, indeed often suffered grievously from its effects.

As in the past, the costs and risks of the coming phases of the industrial economy were to be socialized, with eventual profits privatized.

You keep plugging away--that's the way social change takes place. That's the way every social change in history has taken place: by a lot of people, who nobody ever heard of, doing work.

The whole intelectual culture has a filtering system, starts as a child in school. You're expected to accept certain beliefs, styles, behavioral patterns and so on. If you don't accept them, you are called maybe a behavioral problem, or something, and you're weeded out. Something like that goes on all the way through universities and graduate schools. There is an implicit system of filtering, which has the, it creates a strong tendency to impose conformism. Now, it's a tendency, so you do have exceptions, and sometimes the exceptions are quite striking.

American society is now remarkably atomized. Political organizations have collapsed. In fact, it seems like even bowling leagues are collapsing. The left has a lot to answer for here. There's been a drift toward very fragmenting tendencies among left groups, toward this sort of identity politics.

The Bush Administration do have moral values. Their moral values are very explicit: shine the boots of the rich and the powerful, kick everybody else in the face, and let your grandchildren pay for it. That simple principle predicts almost everything that's happening.

[According to the rigid dogma] we have to believe the United States would have so-called liberated Iraq even if its main products were lettuce and pickles and the main energy resource of the world were in central Africa.