No serious challenge on the Left exists to Third Way thinking anywhere in the world. This is hardly surprising as globalisation punishes hard any country that tries to run its economy by ignoring the realities of the market or prudent public finances. In this strictly narrow sense, and in the urgent need to remove rigidities and incorporate flexibility in capital, product and labour markets, we are all "Thatcherite" now.
Peter MandelsonRelated topics
capital challenge country economy flexibility hard ignoring left market narrow need now product public remove run sense surprising thinking third way world thatcherite finances labour globalisationRelated quotes
The economic history of the last half century offers two cases of serious international depressions in countries with an essential orientation towards a market economy: In the first half of the 1930ies and in the middle of the 1970ies. With some simplification one can say that in the former case recovery started after a few years without the aid of much conscious expansionist policy.
Bertil Ohlin
Formerly, his heart had been as a locked casket with its treasure inside but now the casket was empty, and the lock was broken. Left groping in darkness, with his prop utterly gone, Silas had inevitably a sense, though a dull and half-despairing one, that if any help came to him it must come from without and there was a slight stirring of expectation at the sight of his fellow-men, a faint consciousness of dependence on their goodwill.
George Eliot
The left is entering a new phase of ideological agitation no longer trying to win the debate but stopping debate altogether, banishing from public discourse any and all opposition. The proper word for that attitude is totalitarian. It declares certain controversies over and visits serious consequences from social ostracism to vocational defenestration upon those who refuse to be silenced.
Charles Krauthammer
Not only must weapons be bought and paid for out of surpluses of capital and labour, but they must also be put to use. For this is the only means that capitalism has at its disposal to achieve the level of devaluation now required. The idea is dreadful in its implications. What better reason could there be to declare that it is time for capitalism to be gone, to give way to some saner mode of production?
David Harvey
If Christianity were true religious persecution would become a pious and charitable duty: if God designs to punish men for their opinions it would be an act of mercy to mankind to extinguish such opinions. By burning the bodies of those who diffuse them many souls would be saved that would otherwise be lost, and so there would be an economy of torment in the long run. It is therefore not surprising that enthusiasts should be intolerant.
William Winwood Reade
