Economics is the art of allocating scarce goods among competing demands. The conceit of Marxism was the thought that in Communism, economics would be “abolished”; this was why one did not have to think about the questions of relative privilege and social justice. But the point is that we still have to think about economics, and probably always will. The question, then, is whether we can arrive at a set of normative rules which seek to protect liberty, reward achievement and enhance the social good, within the constraints of “economics”.
Daniel Bell (1919-2011) American sociologist, writer, editor, academic
The Cultural Contradictions of Capitalism (1976)
Quotations about:
Marxism
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There are some philosophers who exist to uphold the status quo, and others who exist to upset it — Marx, of course, belongs to the second lot. For my part, I should reject both those as not being the true business of a philosopher, and I should say the business of a philosopher is not to change the world but to understand it, which is the exact opposite to what Marx said.
Bertrand Russell (1872-1970) English mathematician and philosopher
Interview by Woodrow Wyatt, BBC TV (1959)
Collected in Bertrand Russell's BBC Interviews (1959) [UK] and Bertrand Russell Speaks His Mind (1960) [US]. Reprinted (abridged) in The Humanist (1982-11/12), and in Russell Society News, #37 (1983-02).
The promise was that when the glass was full, it would overflow, benefiting the poor. But what happens instead, is that when the glass is full, it magically gets bigger: nothing ever comes out for the poor.
Francis I (b. 1936) Argentinian Catholic Pope (2013- ) [b. Jorge Mario Bergoglio]
In “Pope Francis: I’m Not a Marxist,” TIME (15 Dec 2013)
(Source)
On the "trickle-down" theory.
