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The Fabians laid the groundwork for modern social democracy, and their influence on the world would end up being at least as powerful as that of Marx.

— Alan Greenspan The Age of Turbulence (2008)

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Democracy

More quotes by Alan Greenspan

When trust is lost, a nation's ability to transact business is palpably undermined.

The Age of Turbulence (2008)

Globalization was exerting a dis-inflationary impact.

The Age of Turbulence (2008)

I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.

The Age of Turbulence (2008)

In general, corruption tends to exist whenever governments have favors to extend, or something to sell.

The Age of Turbulence (2008)

Modern dynamic economies do not stay still long enough to allow for an accurate reading of their underlying structures.

The Age of Turbulence (2008)

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Democracy is the wholesome and pure air without which a socialist public organization cannot live a full-blooded life.

Mikhail Gorbachev

The oppressed are allowed once every few years to decide which particular representatives of the oppressing class shall represent and repress them in parliament!

Vladimir Lenin The State and Revolution (1917)

The law itself is the instrument of the ruling class; hence it is a logical impossibility for another class to assume power legally.

Oliver Cox Caste, Class, and Race: A Study in Social Dynamics (1948)

The whole dream of democracy is to raise the proletarian to the level of bourgeois stupidity.

Gustave Flaubert

Attribution

Quote text and notes from Wikiquote: Alan Greenspan (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.