“It is important to realize that the market economy, though it is associated historically with the rise of modern private capitalism, is as a mechanism not necessarily limited to that system.”
Source: The Cultural Contradictions of Capitalism (1976), Chapter 6, The Public Household, p. 223
Help us to complete the source, original and additional information
Daniel Bell24
American sociologist, writer, editor, and professor emeritu… 1919–2011Related quotes
Maurice Allais (1911–2010) French economist; 1988 winner of the Nobel Memorial Prize in Economics
[Maurice Allais, La Crise mondiale d’aujourd’hui. Pour de profondes réformes des institutions financières et monétaires, Editions Clément Juglar, Paris, 1999, 74, 2-908735-11-3]
Murray Bookchin (1921–2006) American libertarian socialist author, orator, and philosopher
Remaking Society (1990).
“The historical debate is over. The answer is free-market capitalism.”
Thomas Friedman book The Lexus and the Olive Tree
[The Lexus and the Olive Tree: Understanding Globalization, 1st edition, May 2, 2000, Anchor, ISBN 0-3854-9934-5, The Golden Straitjacket]
Michał Kalecki (1899–1970) Polish economist
Source: Theory of Economic Dynamics (1965), Chapter 5, Determination of National Income and Consumption, p. 63
Karl Polanyi book The Great Transformation
The Great Transformation (1944), Ch. 4 : Societies and Economic Systems
James Tobin (1918–2002) American economist
"Price Flexibility and Output Stability: An Old Keynesian View" (1993)
Vladimir Lenin (1870–1924) Russian politician, led the October Revolution
Imperialism, The Highest Stage of Capitalism (1917)
Robert Gilpin (1930–2018) Political scientist
Source: The Political Economy of International Relations (1987), Chapter One, Nature of Political Economy, p. 8