If "socialism" is defined as "ownership of the means of production"--and this is both the orthodox and the only rigorous definition--then the United States is the first truly Socialist country.

— Peter Drucker The Pension Fund Revolution (1976)

More quotes by Peter Drucker

MANAGEMENT: Tasks, Responsibilities, Practices (1973)

The Practice of Management (1954)

MANAGEMENT: Tasks, Responsibilities, Practices (1973)

MANAGEMENT: Tasks, Responsibilities, Practices (1973)

The Future of Industrial Man (1942)

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