The economic success of the Reagan Administration was largely dependent upon the pyramiding of massive debt and the siphoning of capital from the rest of the world.

One reason for the primacy of the market in shaping the modern world is that it forces a reorganization of society in order to make the market work properly . When a market comes into existence, as Marx fully appreciated, it becomes a potent force driving social change.

I was certain that I was not a Marxist, but I did believe firmly that a connection between economics and politics existed.

Specialization makes the welfare of the society vulnerable to the market and to political forces beyond national control.

A prolonged and massive increase in aggregate wealth per capita has taken place over several centuries.

Among the many factors that make a return to halcyon days of the first decades of the postwar era virtually impossible is the decline of clearly defined political leadership.

The economic success of the Reagan Administration was largely dependent upon the pyramiding of massive debt and the siphoning of capital from the rest of the world.