Capitalism Might Be Defined, If We Wish

In Addition To Their Power Over Government Based On Government Financing And Personal Influence, Bankers Could Steer Governments In Ways They Wished Them To Go By Other Pressures.

On This Basis, Which Was Originally Financial And Goes Back To George Peabody, There Grew Up In The Twentieth Century A Power Structure Between London And New York Which Penetrated Deeply Into University Life, The Press, And The Practice Of Foreign Policy.

Instead, The Two Parties Should Be Almost Identical, So That The American People Can Throw The Rascals Out At Any Election Without Leading To Any Profound Or Extensive Shifts In Policy.

Everything Is Too Important Ever To Be Entrusted To Professional Experts, Because Every Organization Of Such Professionals And Every Established Social Organization Becomes A Vested-interest Institution More Concerned With Its Efforts To Maintain Itself Or Advance Its Own Interests Than To Achieve The Purpose That Society Expects It To Achieve.

The Difference Between A Stable Society And An Unstable One Is That The Restraints In An Unstable One Are External. In A Stable Society Government Ultimately Becomes Unnecessary; The Restraints On People's Actions Are Internal, They're Self-disciplined.