“Impotence therefore faces both those who believe in what amounts to a pure, stateless, market capitalism, a sort of international bourgeois anarchism, and those who believe in a planned socialism uncontaminated by private profit-seeking. Both are bankrupt. The future, like the present and the past, belongs to mixed economies in which public and private are braided together in one way or another. But how? That is the problem for everybody today, but especially for people on the left.”
Quote by Eric Hobsbawm
Author
Eric Hobsbawm
Eric Hobsbawm was a renowned British historian known for his research on the Industrial Revolution and the social changes in 19th-century Europe. His works have had a profound impact on the field of history, particularly in the areas of social history and comparative history. more
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