The greatest economic minds of the 19th century, all of them without exception, considered economic growth as a temporary necessity. When all human needs are satisfied, then we will have a stable economy, reproducing every year the same things. We will stop straining ourselves worrying about development or growth. How naïve they were! One more reason to be reluctant about predicting the future. No doubt they were wiser than me, but even they made such a mistake!
Zygmunt BaumanSecurity was the demand which set in motion labour movements in history; trade unions, friendly societies, consumer cooperatives were all about compensating for the impotence of individual resistance.
Zygmunt BaumanIt is so true that in liquid modernity freedom was, so to speak, let off the leash, and for a quite a number of years the freedom of choice was "in principle" unlimited. One result was the weakening of inter-human bonds, particularly inherited bonds, and the counterfactual assumption that individuals must and can fend for themselves.
Zygmunt BaumanI suspect that one of capitalism's crucial assets derives from the fact that the imagination of economists, including its critics, lags well behind its own inventiveness, the arbitrariness of its undertaking and the ruthlessness of the way in which it proceeds.
Zygmunt Bauman