A tremendous amount of the entrepreneurial initiative, if you want to call it that, comes from the dynamic state sector on which most of the economy relies to socialize costs and risks and privatize eventual profit. And that's achieved by, if you like, advertising.

My grandchildren are on social media all the time, and they think they have friends. But it's not what I would've called a friend, ever.

Popular support for alternative energy has been very high for years. But it harms corporate profits.

And if you look at all this academic work in the conferences and so on there's a constant theme that terrorism is extremely hard to define and we therefore have to have a deep thinking about it. And the reason it's hard to define is quite simple. It's hard to find a definition that includes what they do to us but excludes what we do to them. That's quite difficult. So it takes a global war on terrorism.

The human species is now at a point where it has to make choices that are going to determine whether decent survival is even possible. Environmental catastrophe, including war, maybe pandemics, these are very serious issues and they can't be addressed within the current structure of institutions. That's almost given. There have to be real significant changes, and only really effective popular mass-based movements can introduce and carry forward such initiatives, as indeed did happen during the 1930s.

In any case, it is better to have some deal than no deal, but it's interesting that Obama picked the day of implementing of Iran deal to impose new sanctions on North Korea.

In our society, real power does not happen to lie in the political system, it lies in the private economy: that’s where the decisions are made about what’s produced, how much is produced, what’s consumed, where investment takes place, who has jobs, who controls the resources, and so on and so forth. And as long as that remains the case, changes inside the political system can make some difference-I don’t want to say it’s zero-but the differences are going to be very slight.