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Quotation of the Day…

… is from page 128 of the 1975 HarperPerennial printing of the third (1950) edition of Joseph Schumpeter‘s remarkable 1942 volume, Capitalism, Socialism, and Democracy:

It is true that, unlike most but like some other features of capitalist civilization, pacifism and international morality have also been espoused in non-capitalist environments and by pre-capitalist agencies, in the Middle Ages by the Roman Church for instance.  Modern pacifism and modern international morality are nonetheless products of capitalism.


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