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Showing posts with the label "capitalism and war"
War has been the most convenient pseudo-solution for the problems of twentieth-century capitalism. It provides the incentives to modernisation and technological revolution which the market and the pursuit of profit do only fitfully and by accident, it makes the unthinkable (such as votes for women and the abolition of unemployment) not merely thinkable but practicable.... What is equally important, it can re-create communities of men and give a temporary sense to their lives by uniting them against foreigners and outsiders. This is an achievement beyond the power of the private enterprise economy ... when left to itself. —Eric J. Hobsbawm,  London Observer , May 26, 1968