David Marquand Quotes
The capitalist free market is a marvelous servant but a disastrous master. In one of the greatest achievements of the second half of this [the 20th] century, a few favored societies learned to convert it from master to servant. The danger now is that a smug and vainglorious capitalism will not remember the lesson.
15 years later the lesson hit hard with the Meltdown of 2008 and the Great Recession where many developed counties became servants to capitalism again and struggled to regain control.
David Marquand, British Academic & Labour Member of Parliament, “After Socialism”, Political Studies Vol. 41, Special Issue, 1993
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In May of 1886 police had killed some strikers for an 8 hour work day at the McCormick Plant in Chicago. A left wing newspaper called a rally using the word “revenge.” (See {43614}.) The next day, at the rally, someone threw a dynamite bomb killing several police who in turn wounded and killed many of the protestors. 31 people were indicted for the “Haymarket Bombing,” 8 were tried, and 7 were convicted and sentenced to death including Spies. There was however, no evidence linking any of the defendants with the bombing, only evidence linking them with left wing, anarchist positions and writings.
David Ian Marquand FBA FRHistS FRSA is a British academic and former Labour Party Member of Parliament (MP).