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The Idiots of socialism are slaves, but they are no one's property and therefore no one's loss... Under communism (socialism), there is no incentive to supply people with anything they need or want, including safety.

— George Reisman Capitalism : A Treatise on Economics (1996)

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Socialism

More quotes by George Reisman

Under communism (socialism), there is no incentive to supply people with anything they need or want, including safety.

Capitalism: A Treatise on Economics (1996)

The slaves of socialism are slaves, but they are no one's property and therefore no one's loss.

Capitalism: A Treatise on Economics (1996)

Whoever claims that economic competition represents "survival of the fittest" in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.

Capitalism: A Treatise on Economics (1996)

In any type of socialist state, Nazi or Communist, the government's economic plan is part of the supreme law of the land.

Why Nazism Was Socialism and Why Socialism Is Totalitarian (2005)

What specifically established de facto socialism in Nazi Germany was the introduction of price and wage controls in 1936.

Why Nazism Was Socialism and Why Socialism Is Totalitarian (2005)

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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: George Reisman (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.