[N]othing is easier to attain than full employment... All we would have to do, for instance, would be to continue a war-economy at no more, perhaps, than half its present level. Or we could adopt some sort of state socialism, under which the surplus resources... would be employed on non-economic projects, it makes... little difference what twentieth century equivalent of the Egyptian pyramids... so long as we do not use the surplus labor to produce ordinary economic goods. ...But we refuse to accept the kind of society to which either [a permanent war economy or state socialism] would lead. We demand more than a stable society, we demand a good society. Specifically, we demand of our economic system... that it produce goods... that add to the wealth... and... that these goods be produced... under... the free enterprise system. (Peter Drucker)

[N]othing is easier to attain than full employment... All we would have to do, for instance, would be to continue a war-economy at no more, perhaps, than half its present level. Or we could adopt some sort of state socialism, under which the surplus resources... would be employed on non-economic projects, it makes... little difference what twentieth century equivalent of the Egyptian pyramids... so long as we do not use the surplus labor to produce ordinary economic goods. ...But we refuse to accept the kind of society to which either [a permanent war economy or state socialism] would lead. We demand more than a stable society, we demand a good society. Specifically, we demand of our economic system... that it produce goods... that add to the wealth... and... that these goods be produced... under... the free enterprise system.

Peter Drucker

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add attain century continue demand difference easy economy egyptian employment enterprise equivalent free full good goods half instance kind labor lead level ordinary perhaps permanent present produce refuse socialism society sort stable state surplus system twentieth under use war wealth projects pyramids

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We had to dispel the notion that the way to economic success lies through a sort of fiscal levitation. That was the abiding post-war delusion-that governments could spend and borrow their way to prosperity, and fine-tune the performance of the economy through something known pretentiously as demand management...It used to be an establishment nostrum that you need a budget deficit to get economic growth. That was the belief which lay behind the notorious letter by 364 economists in March 1981. We have given the lie to that, decisively. There can no longer be any argument about it. Everyone-or almost everyone-now accepts that the proper role of macro-economic policy is to keep downward pressure on inflation and to maintain a stable framework in which the private sector can expand.

Nigel Lawson

Bukharin, like Lenin, regarded the system of basing economic life on mass terror not as a transient necessity but as a permanent principle of socialist organization. He did not shrink from justifying all means of coercion and held, like Trotsky at the same period, that the new system called essentially for the militarization of labour – i.e. the use of police and military force to compel the whole population to work in such places and conditions as the state might arbitrarily decree. Indeed, once the market is abolished there is no longer any free sale of labour or competition between workers, and police coercion is therefore the only means of allocating "human resources”. If hired labour is eliminated, only compulsory labour remains. In other words, socialism – as conceived by both Trotsky and Bukharin at this time – is a permanent, nation-wide labour camp. (pg. 28-9)

Leszek Kołakowski

Rawls resorted to Hegel in his internal reflections on a constitutional state. On the plane of inter-state relations, Kant remained his philosopher of reference, as the theorist of conditions for a perpetual peace. So too for Habermas. But since Kant failed to envisage the necessary legal framework for a cosmopolitan order, as it started to take shape through the permanent institutions of the United Nations, Habermas, when he came to review the progress made since 1945, also looked towards the philosopher of objective idealism. Measured against the sombre background of the disasters of the first half of the twentieth century, he decided, ‘the World Spirit, as Hegel would have put it, has lurched forward'. As we have seen, Bobbio was responsible for the most pointed appeal to Hegel of all. In one sense, he was more entitled to do so.

Perry Anderson

THEY who are acquainted with the present state of the theory of Symbolical Algebra, are aware, that the validity of the processes of analysis does not depend upon the interpretation of the symbols which are employed, but solely upon the laws of their combination. Every system of interpretation which does not affect the truth of the relations supposed, is equally admissible, and it is thus that the same process may, under one scheme of interpretation, represent the solution of a question on the properties of numbers, under another, that of a geometrical problem, and under a third, that of a problem of dynamics or optics. This principle is indeed of fundamental importance; and it may with safety be affirmed, that the recent advances of pure analysis have been much assisted by the influence which it has exerted in directing the current of investigation.

George Boole

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Anthony Kennedy