... an essential feature of a decent society, and an almost defining feature of a democratic society, is relative equality of outcome - not opportunity, but outcome. Without that you can't seriously talk about a democratic state... These concepts of the common good have a long life. They lie right at the core of classical liberalism, of Enlightenment thinking... Like Aristotle, [Adam] Smith understood that the common good will require substantial intervention to assure lasting prosperity of the poor by distribution of public revenues.

It is ... necessary to whip up the population in support of foreign adventures. Usually the population is pacifist, just like they were during the First World War. The public sees no reason to get involved in foreign adventures, killing, and torture. So you have to whip them up. And to whip them up you have to frighten them.

I just don't care about popular culture. It looks to me pointless and superficial. If I had free time I'd rather read a 19th century novel.

I can understand the idea that there is a conspiracy. In fact, in much of the world there is a sense of an ultra-powerful CIA manipulating everything that happens, such as running the Arab Spring, running the Pakistani Taliban, etc. That is just nonsense. They [CIA] created a monster and now they are appalled by it.

Unaccountable private power concentrations that dominate economic and social life have the means to seek to "regiment the public mind," and become "tools and tyrants" of government, in James Madison's memorable phrase, as he warned of the threats he discerned to the democratic experiment if private powers were granted free rein.

[CIA manipulating] has its roots in internal Pakistani affairs. It's a horrible development and phenomenon which goes back to radical Islamisation under Zia and taking away the long standing rights of people in the tribal areas [who were left largely alone].

the Federal Reserve, has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... The European central bank has only the first. It has no commitment to keep employment up.