It Had Been Held That The Economic

In 1929 The Discovery Of The Wonders Of The Geometric Series Struck Wall Street With A Force Comparable To The Invention Of The Wheel.

The Great Dialectic In Our Time Is Not, As Anciently And By Some Still Supposed, Between Capital And Labor; It Is Between Economic Enterprise And The State.

Capitalism Is Chronically Unstable.boom And Bust Has Always Marked Capitalism In The United States. There Were Panics In 1785, 1791, 1819, 1857, 1869, 1873, 1907, 1929 And 1987.in Economies And Politics, As In War, An Astonishing Number Of People Die, Like The Man On The Railway Crossing, Defending Their Right Of Way. This Is A Poorly Developed Instinct In Switzerland. No Country So Firmly Avows The Principles Of Private Enterprise But In Few Have The Practical Concessions To Socialism Been More Numerous And Varied.

Liberalism Is, I Think, Resurgent. One Reason Is That More And More People Are So Painfully Aware Of The Alternative.

If We Are Concerned About Our Great Appetite For Materials, It Is Plausible To Decrease Waste, To Make Better Use Of Stocks Available, And To Develop Substitutes. But What About The Appetite Itself? The Major Cause Of The Continued Deterioration Of The Global Environment Is The Unsustainable Pattern Of Consumption And Production, Particularly In Industrialised Countries