“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
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Daniel Bell 24
American sociologist, writer, editor, and professor emeritu… 1919–2011Related quotes

[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]

Remaking Society (1990).

“The historical debate is over. The answer is free-market capitalism.”
[The Lexus and the Olive Tree: Understanding Globalization, 1st edition, May 2, 2000, Anchor, ISBN 0-3854-9934-5, The Golden Straitjacket]

Source: Theory of Economic Dynamics (1965), Chapter 5, Determination of National Income and Consumption, p. 63

"Price Flexibility and Output Stability: An Old Keynesian View" (1993)

Imperialism, The Highest Stage of Capitalism (1917)
Source: The Political Economy of International Relations (1987), Chapter One, Nature of Political Economy, p. 8