It seems that neither the Keynesian nor the Marxian prognosis of the future of capitalism is being fulfilled and we are left without any particular theory as to what will happen next.
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Chapter 20, Has Capitalism Changed?, p. 227Joan Robinson
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Lenin and Stalin have evidenced their outstanding brilliance as mass leaders in every revolutionary requirement: in Marxian theory, political strategy, the building of mass organizations, and in the development of the mass struggle. The characteristic feature of their work is its many-sidedness. Both men of action as well as of thought, they have exemplified in their activities that coordination of theory and practice which is so indispensable to the success of the every-day struggles of the masses and the final establishment of socialism. Both have worked in the clearest realization of the twin truths that there can be no revolutionary movement without revolutionary theory, and that revolutionary theory unsupported by organized mass struggle must remain sterile.
Vladimir Lenin
Lenin and Stalin have evidenced their outstanding brilliance as mass leaders in every revolutionary requirement: in Marxian theory, political strategy, the building of mass organizations, and in the development of the mass struggle. The characteristic feature of their work is its many-sidedness. Both men of action as well as of thought, they have exemplified in their activities that coordination of theory and practice which is so indispensable to the success of the every-day struggles of the masses and the final establishment of socialism. Both have worked in the clearest realization of the twin truths that there can be no revolutionary movement without revolutionary theory, and that revolutionary theory unsupported by organized mass struggle must remain sterile.
Joseph Stalin
Listen to what the heart has to say. It is not going to run your life. The heart's message is so simple. It's not going to tell you that you should buy this color jacket, and this color car and this color house. Heart only has one thing to say to you, 'Be fulfilled.' This is all it ever has wanted, and this is the only demand the heart has for you. What have we done with ourselves? We have made ourselves slaves of the past and the future. Take away the future, which doesn't yet exist, and the past that has disappeared. Be fulfilled now, in this moment.
Maharaji (Prem Rawat)
The decisive weakness in neoclassical and neo-Keynesian economics is not the error in the assumptions by which it elides the problem of power. The capacity for erroneous belief is very great, especially where it coincides with convenience. Rather, in eliding power — in making economics a nonpolitical subject — neoclassical theory destroys its relation to the real world. In that world, power is decisive in what happens. And the problems of that world are increasing both in number and in the depth of their social affliction. In consequence, neoclassical and neo-Keynesian economics is relegating its players to the social sidelines where they either call no plays or use the wrong ones. To change the metaphor, they manipulate levers to which no machinery is attached.
John Kenneth Galbraith
The theory is the result of listening to the problem. When the theory acquires a life of its own because some people like it more than the real world, all kinds of uninspiring, uninteresting things happen, so the key is both to listen to the problem and to study the theory. But always remember that just as much theory is bunk as there are buggy solutions. There is nothing more wrong with "theory" than "solutions" – both their quality and their applicability are orthogonal to their existence.
Erik Naggum
Robinson, Joan
Robinson, Kim Stanley
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