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Quote by Michael Yates

“Young people are more likely to be idealistic and think that radical change is both necessary and possible. They may not yet be stuck in the routinized and sterile life that work and age often bring, nor stuck in any kind of rigid way of thinking. They have great energy and can get things done.”

Quote by Michael Yates

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Michael Yates
Michael Yates

Michael Yates is a renowned economist born in 1946. He has made significant contributions to the field of economics, particularly in labor economics and the structure of capitalist economies. more

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“The system has a way of convincing people that because they live in the USA they are better off than all other people in the world. This gets them focused on the wrong things, of course, but it has been a tried and true way of deflecting class struggle, something I don't think Marx didn't fully anticipated. The education system, and the whole culture really, has a lot to do with how these feelings are transmitted to each new generation. When parents say their kids were heroes when they died for nothing in Iraq, you can see the power of this.”

“Capitalism is a powerful producer of output, crisis-mongering on the left notwithstanding, and this too makes the system seem to have a lot of promise. This is why it is so important to agitate against the system in good times and bad. We can't depend on some super crisis to get folks thinking but instead have to focus on all of the contradictions of the system which cannot be ultimately resolved by it.”