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Economic systems Quotes

"The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries."

"Freedom in capitalist society always remains about the same as it was in ancient Greek republics: Freedom for slave owners"

"The market is not an invention of capitalism. It has existed for centuries. It is an invention of civilization."

"More socialism means more democracy, openness, and collectivism in everyday life."

"Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it"

"Democracy is the road to socialism."

"We all too often have socialism for the rich and rugged free market capitalism for the poor."

"Capitalism has not been a single coherent economic theory. It is instead a loose collection of doctrines and courses of action."