"If you look over the history of regulation — railroad regulation, financial regulation and so on — you find that, quite commonly, it's either initiated by the economic concentrations that are being regulated, or it's supported by them. And the reason is because they know that, sooner or later, they can take over the regulators and essentially run what they do. They can offer what amounts to bribes — offer them jobs or whatever it may be — it's an advantage to the regulators to accommodate themselves to the will of the powerful. It happens naturally in many ways, and ends up with what's called “regulatory capture.” The business being regulated is in fact running the regulators."

“Roughly speaking, I think it's accurate to say that a corporate elite of managers and owners governs the economy and the political system as well, at least in very large measure. The people, so-called, do exercise an occasional choice among those who Marx once called "the rival factions and adventurers of the ruling class.”

“The big debate in Washington is totally pointless. And the media, about whether Bush downgraded terror in order to invade Iraq. There's nothing to debate. He invaded Iraq. That proves beyond doubt that he downgraded the threat of terror in favor of invading Iraq. They anticipated, and their own intelligence agencies told them, and everyone else did too, that invasion of Iraq was likely to increase the threat of terror. It's not a high priority, so they invaded Iraq because that's much higher priority.”

“Take any country that has laws against hate crimes, inspiring hatred and genocide and so on. The first thing they would do is ban the Old Testament. There's nothing like it in the literary canon that exalts genocide, to that extent. And it's not a joke either. Like where I live, New England, the people who liberated it from the native scourge were religious fundamentalist lunatics, who came waving the holy book, declaring themselves to be the children of Israel who are killing the Amalekites, like God told them.”

“...I don't feel that they deserve a blanket condemnation at all. There are many things to object to in any society. But take China, modern China; one also finds many things that are really quite admirable. There are even better examples than China. But I do think that China is an important example of a new society in which very interesting positive things happened at the local level, in which a good deal of the collectivization and communization was really based on mass participation and took place after a level of understanding had been reached in the peasantry that led to this next step.”

“There will be recovery from the COVID-19 crisis, at severe and possibly horrendous cost, particularly for the poor and more vulnerable. But there will be no recovery from the melting of the polar ice sheets and the other devastating consequences of global warming. Here, too, the catastrophe results from a market failure — in this case, of truly earth-shaking proportions.”

“The Grand Inquisitor explains that you have to create mysteries because otherwise the common people will be able to understand things. They have to be subordinated so you have to make things look mysterious and complicated. That's the test of the intellectual. It's also good for them: then you're an important person, talking big words which nobody can understand. Sometimes it gets kind of comical, say in post-modern discourse. Especially around Paris, it has become a comic strip, I mean it's all gibberish. But it's very inflated, a lot of television cameras, a lot of posturing. They try to decode it and see what is the actual meaning behind it, things that you could explain to an eight-year old child. There's nothing there. But these are the ways in which contemporary intellectuals, including those on the Left, create great careers for themselves, power for themselves, marginalize people, intimidate people and so on.”