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Important Quotes

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Important Quotes

“Informal relationships are not mere minor interstitial supplements to the major institutions of society. These informal relationships not only include important decision-making processes, such as the family, but also produce much of the background social capital without which the other major institutions of society could not function nearly as effectively as they do.”

“Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. ... In developed capitalist economies, private consumption spending accounts for half or more of GDP.”

“Some conservatives have expressed outrage that the views of professors are at odds with the views of students, as if ideas were entitled to be represented in proportion to their popularity and students were entitled to professors who share their political or social values. One of the more important functions of college that it exposes young people to ideas and arguments they have not encountered at home is redefined as a problem.”

“Recognising that an ostentatious cult of heroism and state service served an important propaganda function for the British elite does not mean, of course, that we should dismiss it as artificial or insincere. All aristocracies have a strong military tradition, and for many British patricians the protracted warfare of the period was a godsend. It gave them a job, and, more important, a purpose, an opportunity to carry out what they had been trained to do since childhood: ride horses, fire guns, exercise their undoubted physical courage and tell other people what to do.”