1920s Quotes - page 3
We now have a global business system that is virtually unregulated, with trade unions crippled and politicians largely bought by the super-rich to serve their interests. And what is the result? Inequality has returned to 1920s levels, and movement between the classes has collapsed. We have bank runs unseen in a century. And now even senior Wall Street figures mutter - with only a hint of hyperbole - about a looming Depression and "the worst crisis since 1929." All we need now is rising unemployment and Zelda and F Scott Fitzgerald boozily waltzing through Wall Street, and we are back where this story began.
Johann Hari
It was in 1926 that John Maynard Keynes wrote his now famous essay "The End of Laissez-Faire." Since then, history has evolved through the Great Depression, "hot" and cold wars, the establishment of the Bretton woods regime, suspension of convertibility of the US dollar into gold, oil shocks, and the information and telecommunications revolution. The situation at the end of the 20th century seems to be quite similar to that of the late 1920s, having come full circle.
Eisuke Sakakibara
The conflict about the meaning of free speech went on through the 1920s, Holmes and Brandeis persisting in their view and expressing it in strongly worded dissents. In one sense it was a curious performance by the two of them, for each had a deep commitment to the Supreme Court as an institution and thought that division among the justices should be avoided when possible.
Anthony Lewis
The only political ism surviving in full strength from the past is nationalism. This was partly to be expected from the liberation of so many colonies simultaneously, beginning in the 1920s. But this nationalism differs from the old in two remarkable ways: it is not patriotic and it does not want to absorb and assimilate. On the contrary, it wants to shrink and secede, to limit its control to its one small group of like-minded-we-ourselves-alone. It is in that sense racist, particularist, sectarian, minority-inspired.
Jacques Barzun
