819 Quotes About Socialism

Every industry should be either effectively competitive or socialized.

The difference between Socrates and Jesus is that no one had ever been put to death in Socrates' name. And that is because Socrates' ideas were never made law. Law, in whatever name, protects privilege.

The poor man is called a socialist if he believes that the wealth of the rich should be divided among the poor, but the rich man is called a financier if he devises a plan by which the pittance of the poor can be converted to his use.

I have heard that all ideas of equality are visionary—that they can never be realized—and I believe it. But surely, though there must be hewers of wood, and drawers of water, they ought to have the absolute necessaries of life.

A religious philosophy, unless it is frankly to abandon nine-tenths of conduct to the powers of darkness, cannot admit the doctrine of a world of business and economic relations self-sufficient and divorced from ethics and religion.

Democracy is a pathetic belief in the collective wisdom of individual ignorance.

Socialism is not really an option in the material world. There can be no collective ownership of anything materially scarce. One or another faction will assert control in the name of society. Inevitably, the faction will be the most powerful in society -- that is, the state. This is why all attempts to create socialism in scarce goods or services devolve into totalitarian systems of top-down planning.

Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at.

I was reading in the paper today that Congress wants to replace the dollar bill with a coin. They’ve already done it. It’s called a nickel.