On capitalism.......................

"capitalist engine is first and last an engine of mass production which unavoidably also means production for the masses … It is the cheap cloth, the cheap cotton and rayon fabric, boots, motorcars and so on that are the typical achievements of capitalist production, and not as a rule improvements that would mean much to the rich man. Queen Elizabeth owned silk stockings. The capitalist achievement does not typically consist in providing more silk stockings for queens but in bringing them within reach of factory girls."

-Joseph Schumpeter, as quoted in 1919, and as cut-and-pasted from this blog post on how much cheaper (in the relative terms of how much labor do you perform in exchange for what you want) a basket of food is today as compared with 1919.

via Newmark's Door