He reminded the Politburo late in 1988 that Franklin D. Roosevelt had saved American capitalism by “borrow[ing] socialist ideas of planning, state regulation, and . . . the principle of more social fairness.” ... “The Achilles heel of socialism was the inability to link the socialist goal with the provision of incentives for efficient labor and the encouragement of initiative on the part of ...
“This is where the capitalists got it right: they were better than the communists at learning from history, because they never bought into any single, sacrosanct, and therefore unchallengeable theory of history. ... “The prospects of socialism as a world alternative depended on its ability to compete with the world capitalist economy, as reformed after the Great Slump and the Second World War...
AbuseYourDNA
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