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Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.

— Leonard E. Read Anything That's Peaceful (1964)

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Socialism

More quotes by Leonard E. Read

The lesson I have to teach is this: Leave all creative energies uninhibited. Merely organize society to act in harmony with this lesson.

Socialism is founded on a lie -- the premise that man knows more than he in fact does know.

Leonard E. Read Journal (1949)

Communism, socialism, the welfare state, et cetera, are essentially one and the same thing.

Leonard E. Read Journal (1949)

Civilization, I sometimes think, is little more than a thin veneer of culture covering a host of red-assed baboons!

Leonard E. Read Journal (1949)

It should be noted that people in the free market rarely bear false witness; integrity is the rule.

The Complete Works of Leonard E. Read (1976)

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Democracy is the wholesome and pure air without which a socialist public organization cannot live a full-blooded life.

Mikhail Gorbachev

Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God's children.

Martin Luther King Jr.

The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries.

Winston Churchill

In my opinion, nothing has contributed so much to the corruption of the original idea of socialism as the belief that Russia is a socialist country and that every act of its rulers must be excused, if not imitated.

George Orwell

Attribution

Quote text and notes from Wikiquote: Leonard E. Read (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.