“Today and over the foreseeable future, traditional capitalism throughout most of the world has been thrown on a defensive from which it is doubtful that it can never recover.”

— Robert L. Heilbroner

Source: The Future As History (1960), Chapter II, Part 7, The Drift Away From Capitalism, p. 94

Adopted from Wikiquote. Last update June 3, 2021. History

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American historian and economist 1919–2005

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“Today and over the foreseeable future, traditional capitalism throughout most of the world has been thrown on a defensive from which it is doubtful that it can never recover.”

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