Thursday, May 25, 2017

Something to think on …

The state incurs debts for politics, war, and other higher causes and 'progress'. . . . The assumption is that the future will honour this relationship in perpetuity. The state has learned from the merchants and industrialists how to exploit credit; it defies the nation ever to let it go into bankruptcy. Alongside all swindlers the state now stands there as swindler-in-chief.
— Jacob Burckhardt, born on this date in 1818

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