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Eric Roll, Baron Roll of Ipsden -
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Those who claim that Marx invented the ides of the class struggle should read not only his English socialist forerunners, but also a man like Burke.
Eric Roll, Baron Roll of Ipsden
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Since the earth can yield its cultivator more then he needs for his own subsistence, the surplus can be appropriated by another class.
Eric Roll, Baron Roll of Ipsden
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One thing which is striking in Malthus's theory is his insistence on contradictions and conflicts in the capitalist system. The system is shown not to be self-adjusting. Unless a large class of unproductive consumers was maintained, periodic over-production and stagnation would inevitably occur. For the first time, in English economic theory at any rate, the possibility of crises arising from causes inherent in the capitalist system was admitted.
Eric Roll, Baron Roll of Ipsden
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In England, the profession of the law is that which seems to hold out the strongest attraction to talent, from the circumstance, that in it ability, coupled with exertion, even though unaided by patronage, cannot fail of obtaining reward.
Charles Babbage
Eric Roll, Baron Roll of Ipsden
Born:
December 1, 1907
Died:
March 30, 2005
(aged 97)
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