Take a look at the current debates in Washington, and of course, everything in the media. Only one issue is discussed: the deficit - the least significant issue, but the most significant issue for the banks. The big problem, joblessness, is barely discussed, even though that's what the public wants, as polls clearly show. That's even what the business press supports, but the financial institutions are so powerful that the only issue is the deficit, and this runs right through the intellectual culture.

The current period of regression is registering some success in "producing people" who are subordinated to external power, diverted to such "superficial things" as "fashionable consumption" and other pursuits more fitting for the "bewildered herd" than participation in determining the course of individual and social life.

Free markets are based on the free circulation of labor. If you don't have free circulation of labor, you don't have free markets.

Greece has been, in many ways, a partially dysfunctional society. For example, the wealthy barely pay taxes... to an extent, that's true elsewhere, including the United States, but it's been pretty extreme in Greece.

The US is a country [in which] eighty percent of the population thinks the Bible was written by god. About half think every word is literally true. So it's had to appeal to that - and to the nativist population, the people that are frightened, have always been... It's a very frightened country and that's increasing now with the recognition that the white population is going to be a minority pretty soon, "they've taken our country from us."

We're now in a situation in which Capital is highly mobile and Labour is basically immobile.

[Mikhail] Gorbachev complained. He was told look, there's nothing on paper. People didn't actually say it but the implication was look, if you are dumb enough to take faith in a gentleman's agreement with us, that's your problem. NATO expanded to East Germany.