Of course, everybody says they're for peace. Hitler was for peace. Everybody is for peace. The question is: What kind of peace?

With the development of industrial capitalism, a new and unanticipated system of injustice, it is libertarian socialism that has preserved and extended the radical humanist message of the Enlightenment and the classical liberal ideals that were perverted into an ideology to sustain the emerging social order.

Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.

I don't even know if I ever knew - some sweatshop in Baltimore. I knew with my other relatives - some of the women were in the International Ladies' Garment Workers' Union and men were shop boys and things like that. I happened to be in Philadelphia, but the family was in New York. I could see what the union was doing for them.It really saved their lives.

Advertising is tax deductible, so we all pay for the privilege of being manipulated and controlled.

I felt that we could hardly improve on the conception of the university expressed by one of the founders of the modern system, Wilhelm von Humboldt, also one of the founders of classical liberalism. That seems to me true today as well, though ideals of course have to be adapted to changing circumstances.

Predatory capitalism created a complex industrial system and an advanced technology; it permitted a considerable extension of democratic practice and fostered certain liberal values, but within limits that are now being pressed and must be overcome. It is not a fit system for the mid-twentieth century.