The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable: its general nature, if not its magnitude. Markets are always inefficient.

Karl Marx was in favor of socialist and communist-socialist revolutions, but he had a pretty nuanced view about it.

Intellectuals (in the standard sense of the term, not [ Edward] Said's prescriptive sense) are the people who write history.

There's a tremendous gap between public opinion and public policy.

Take Germany and Japan, both defeated in the Second World War. Germany has acknowledged its monstrous crimes to a certain extent, has paid reparations and so on. Japan, in contrast, apologizes for nothing and has paid no reparations, with one exception: It pays reparations to the United States, but not to Asia.

If something is right (or wrong) for us, it’s right (or wrong) for others. It follows that if it’s wrong for Cuba, Nicaragua, Haiti, and a long list of others to bomb Washington and New York, then it’s wrong for Rumsfeld to bomb Afghanistan (on much flimsier pretexts), and he should be brought before war crimes trials.

[Francisco] Franco's army was mainly Moorish. They were recruiting people from Morocco to come to Spain. There was an uprising in Morocco at the time led by Abd el-Krim (whose tactics influenced Ho Chi Minh and Che Guevara) that sought independence for Morocco and Northern Africa.