It is a major defect of our present organized system and the economy of abundance that, without providing great goals, it has taken away some of the important real necessities, leaving people with nothing to do.
The void is soon filled. Behavior like going into debt on the installment plan, gives an artificial but then real necessity, something to do, paying up. This is the Rat Race, but I doubt that it would be run if people did not need its justifying necessity, for the commodities themselves are not that attractive.
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p. 154Paul Goodman
Economists of the modern school will no doubt protest that I have said nothing of the use of budget deficits or surpluses for the control of the economy in general. I doubt if such techniques would ever be appropriate in Hong Kong's exposed economic position; and I think they are certainly not appropriate at present, when in strict orthodoxy they would suggest the need to plan for a very substantial surplus "to take the heat out of the economy". Although we have in fact run substantial surpluses in recent years we have not done so with deflationary effect because we have not removed them from the economy but have left them inside the Colony's banking system to continue to work for the economy. $500 million or 55% of reserves are so held at present.
John James Cowperthwaite
Bourgeois political economy ... never gets to see man who is its real subject. It disregards the essence of man and his history and is thus in the profoundest sense not a ‘science of people’ but of non-people and of an inhuman world of objects and commodities.
Herbert Marcuse
The most serious problems lie in the financial sphere, where the economy’s debt overhead has grown more rapidly than the ‘real’ economy’s ability to carry this debt. ... The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor. - 1998
Michael (economist) Hudson
It is difficult to see why the most advantageous political system, for the present, would not be a democratic state with an artistocratic government, provided only the artistocracy be that of real merit, and not of artificial qualities. If this be not the real principle of the republican form of government then I must confess that I do not know what its principle is.
John Burgess
“Abjuring love? Real people don’t do that. Now you’re the one who sounds like someone on a stage. That’s not the real world. Real people follow their hearts, wherever it takes them. Real people refuse to be put into a little tiny box. You can say you love me or you don’t love me, it doesn’t matter; I know you have foresworn nothing except an existence you found intolerable.”
She really did smile this time. “Now you’re making me sound like a heroine. Be honest, Lucius. For all that you go on about the real world with its real people, you don’t really want to live in it, either.”Ellen Kushner
Goodman, Paul
Goodwin, Thomas
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