“... Capitalism will behave antisocially if it is profitable for it to do so, and that can now mean human devastation on an unimaginable scale. What used to be apocalyptic fantasy is today no more than sober realism....”
“In a capitalist world, the word capital has taken on more and more uses. . . . human capital, for instance, which is what labor accumulates through education and work experience. Human capital differs from the classic kind in that you can't inherit it, and it can only be rented, not bought or sold.”
“Any form of government, not just Capitalism, is whatever people who have all our money, drunk or sober, sane or insane, decide to do today.”
“Unhappy endings might seem more realistic than happy ones, but reality often contained a streak of fantasy that realism lacked.”
“Set your fantasies in the here and now and then, if challenged, claim to be writing Magical Realism.”
“By rendering their enterprises profitable, the consumers shift control of the factors of production into the hands of those businessmen who serve them best. By rendering the enterprises of the bungling entrepreneurs unprofitable, they withdraw control from those entrepreneurs with whose services they disagree. It is antisocial in the strict meaning of the term if governments thwart these decisions of the people by taxing profits. From a genuinely social point of view, it would be more “social” to tax losses than to tax profits.”