Saved by Arpit Choudhury and
The Lessons of History
History, according to Karl Marx, is economics in action—the contest, among individuals, groups, classes, and states, for food, fuel, materials, and economic power. Political forms, religious institutions, cultural creations, are all rooted in economic realities. So the Industrial Revolution brought with it democracy, feminism, birth control, social
... See moreWill Durant • The Lessons of History
For freedom and equality are sworn and everlasting enemies, and when one prevails the other dies. Leave men free, and their natural inequalities will multiply almost geometrically, as in England and America in the nineteenth century under laissez-faire. To check the growth of inequality, liberty must be sacrificed, as in Russia after 1917. Even whe
... See moreWill Durant • The Lessons of History
Since man is a moment in astronomic time, a transient guest of the earth, a spore of his species, a scion of his race, a composite of body, character, and mind, a member of a family and a community, a believer or doubter of a faith, a unit in an economy, perhaps a citizen in a state or a soldier in an army, we may ask under the corresponding heads—
... See moreWill Durant • The Lessons of History
The experience of the past leaves little doubt that every economic system must sooner or later rely upon some form of the profit motive to stir individuals and groups to productivity. Substitutes like slavery, police supervision, or ideological enthusiasm prove too unproductive, too expensive, or too transient. Normally and generally men are judged
... See moreWill Durant • The Lessons of History
The freedom of the part varies with the security of the whole; individualism will diminish in America and England as geographical protection ceases.
Will Durant • The Lessons of History
interesting thought whether this is applicable at the company level also. Security of a cash rich company means freedom at an employee level. more than cash rich it is about above average growth rate of the company which makes it secure and below average growth rate makes it insecure.
So we cannot be sure that the moral laxity of our times is a herald of decay rather than a painful or delightful transition between a moral code that has lost its agricultural basis and another that our industrial civilization has yet to forge into social order and normality.
Will Durant • The Lessons of History
Normally and generally men are judged by their ability to produce—except in war, when they are ranked according to their ability to destroy.
Will Durant • The Lessons of History
Allowing for these cautions, we may derive endless instruction from the economic analysis of the past. We observe that the invading barbarians found Rome weak because the agricultural population which had formerly supplied the legions with hardy and patriotic warriors fighting for land had been replaced by slaves laboring listlessly on vast farms o
... See moreWill Durant • The Lessons of History
Against this panorama of nations, morals, and religions rising and falling, the idea of progress finds itself in dubious shape. Is it only the vain and traditional boast of each “modern” generation? Since we have admitted no substantial change in man’s nature during historic times, all technological advances will have to be written off as merely ne
... See moreWill Durant • The Lessons of History
Inequality is not only natural and inborn, it grows with the complexity of civilization. Hereditary inequalities breed social and artificial inequalities; every invention or discovery is made or seized by the exceptional individual, and makes the strong stronger, the weak relatively weaker, than before.