Even in Scandinavia, where social democratic institutions were far more culturally ingrained, membership of the EU-or even just participation in the World Trade Organization and other international agencies-appeared to constrain locally-initiated legislation. In short, social democracy seemed doomed by that same internationalization which its early theorists had so enthusiastically adumbrated as the future of capitalism. From this perspective, social democracy-like liberalism-was a byproduct of the rise of the European nation-state: a political idea keyed to the social challenges of industrialization in developed societies. Not only was there no ‘socialism' in America, but social democracy as a working compromise between radical goals and liberal traditions lacked widespread support in any other continent. There was no shortage of enthusiasm for revolutionary socialism in much of the non-Western world, but the distinctively European compromise did not export well.
Tony JudtRelated topics
compromise continent democracy democratic doomed early enthusiasm european export far future idea international legislation liberal membership organization participation perspective political radical revolutionary rise short shortage social socialism support trade well working world america capitalism byproduct industrialization goals internationalization nation-state scandinaviaRelated quotes
And never forget that the Marxist societies call themselves, and indeed are, the Union of Soviet Socialist Republics. Some of the aims of socialism, are the aims of a Marxist society, and they result in the subjugation of the rights of people to political theory. Because the Marxist system has become morally and materially bankrupt, citizens who live beneath its yoke see hope in our ideals. Ideals which limit the power of the State so that the varied talents and abilities of each person may flourish giving dignity and meaning to life. Ideals which respect the family, its loyalties, affections and responsibilities. Ideals where the rule of law is just and impartially administered. Those who live under the heel of Marxist tyranny look with envy at the very things we take for granted. They know that politics is about more than economics in a free society. So do we-we belong to the oldest and most enduring democratic Party in the world.
Margaret Thatcher
In 1872 we sent to the protected countries of Europe and to the United States of America 116,000,000 of exported manufactures. In 1882...it fell to 88,000,000. In 1892...it fell to 75,000,000. In 1902, last year, although the general exports had increased, the exports of manufactures had decreased again to 73½ millions. And the total result of this is that after 30 years you are sending 42½ millions of manufactures less to the protected countries than you did 30 years ago. Then there the neutral countries...they have fallen 3½ millions...you have lost altogether in your export of manufactures 46 millions. How is it that that has not impressed the people before? Because the change has been concealed by our statistics... You have failed to observe that the continuance of your trade is dependent entirely on British possessions. While these foreign countries have declined 46 millions your British possessions have increased 40 millions.
Joseph Chamberlain
As is often the case with major disputes in economics, the argument over fiscal policy went on for years, with some critics of fiscal policy still defending their position when this book went to press. It seems fair, however, to say that among economists a more or less Keynesian view of the effects of fiscal policy came to prevail. Careful statistical studies at the International Monetary Fund and else where showed that austerity policies have historically been followed by contraction, not expansion. Recent experience, in which countries like Spain and Greece that were forced into severe austerity also experienced severe slumps, seemed to confirm that observation. Furthermore, it was clear that those who had predicted a sharp rise in U. S. interest rates due to budget deficits, leading to conventional crowding out, had been wrong: U. S. long-term interest rates remained near record lows even during the years from 2009 to 2012, when the government ran very large deficits.
Paul Krugman
Disarmament conference. Many times I have expressed my desire to see the work of the Washington Conference on Limitation of Armaments appropriately supplemented by further agreements for a further reduction M for the purpose of diminishing the menace and waste of the competition in preparing instruments of international war. It has been and is my expectation that we might hopefully approach other great powers for further conference on this subject as soon as the carrying out of the present reparation plan as the established and settled policy of Europe has created a favorable opportunity. But on account of proposals which have already been made by other governments for a European conference, it will be necessary to wait to see what the outcome of their actions may be. I should not wish to propose or have representatives attend a conference which would contemplate commitments opposed to the freedom of action we desire to maintain unimpaired with respect to our purely domestic policies.
Calvin Coolidge
There was no instalment of Free Trade, which need be taken into our account, before 1842. ... I therefore take 1843 as the first operative year of the first instalment of Liberal legislation under what was called the new Tariff. The second instalment was the new Tariff of 1845. The third instalment was the repeal of the Corn Laws at the opening of 1849, together with the repeal of the Navigation Laws during the Parliamentary Session of that year. The fourth was the new Tariff of 1853, accompanied with the repeal of the Soap Duties and other changes. The fifth and last great instalment was granted by the Customs Act of 1860, which at length gave nearly universal effect to the following principles:
1. That neither on raw produce, nor on food, nor on manufactured goods, should any duty of a protective character be charged.
2. That the sums necessary to be levied for the purposes of revenue in the shape of Customs duty should be raised upon the smallest possible number of articles.
William Ewart Gladstone
