Posts Tagged ‘socialism’
Fidel Castro: Capitalism Socialism
on Tuesday, July 20, 2021Fidel Castro Money Quote saying Capitalists make use of money while socialists discard it instead. Fidel Castro said:
“Capitalism is using its money; we socialists throw it away” — Fidel Castro
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In the context of Fidel Castro’s quote, “throw it away” suggests that socialists do not value money as a means to an end, but rather view it as a means to be discarded.
This contrasts with capitalists, who use money as a means to acquire goods and services. This quote highlights the fundamental difference between capitalism and socialism, with the former prioritizing material wealth and the latter prioritizing the collective well-being of society.
Birthday: August 13, 1926 – Death: November 25, 2016
Will Durant: Socialism Age, Money
on Tuesday, January 5, 2021Will Durant Money Quote saying socialism as a philosophy can be altered with time and money. Will Durant said:
“There Is Nothing In Socialism That A Little Money Or A Little Age Will Not Cure” — Will Durant
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In this quote, Will Durant seems to be making a skeptical observation about socialism. By stating that “There is nothing in socialism that a little money or a little age will not cure”, Durant implies that greater financial security or life experience tend to diminish support for socialist ideals.
The quote conveys Durant’s perspective that socialist views are often held by those who are younger and have fewer resources, but that as people acquire wealth or mature with age, they become less inclined to support socialist policies and systems.
Overall, Durant appears to be suggesting socialist leanings are more a product of circumstance and naivete that fades rather than substantive positions, since “a little money or a little age” is enough in his view to alter one’s views on the subject.
Birthday: November 5, 1885 – Death: November 7, 1981
Winston Churchill: Capitalism Vice
on Thursday, July 9, 2020Winston Churchill Money Quote saying capitalism is unequal in its rewards and socialism entirely equal in suffering. Winston Churchill said:
“The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries” — Winston Churchill
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Winston Churchill seems to be contrasting the economic systems of capitalism and socialism. He argues that under capitalism, while wealth and prosperity are created, they are not distributed equally among members of society.
However, under socialism, while everyone may share equally in government entitlements, it limits overall prosperity and innovation in the economy.
Churchill’s view is that capitalism is superior because it generates greater overall blessings, even if they are not evenly distributed, whereas socialism aims for equal distribution but risks sharing equally in fewer resources and opportunities for advancement.
The quote suggests Churchill believed neither system was perfect, but capitalism’s virtues outweighed socialism’s in terms of economic outcomes.
Birthday: November 30, 1874 – Death: January 24, 1965
Aleksandr Solzhenitsyn: Repulsive $
on Tuesday, December 11, 2018Aleksandr Solzhenitsyn Money Quote saying that without decency and morals, any ideology is corrupt. Aleksandr Solzhenitsyn said:
“Untouched by the breath of God, unrestricted by human conscience, both capitalism and socialism are repulsive” — Aleksandr Solzhenitsyn
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In this quote, Aleksandr Solzhenitsyn appears to be criticizing both capitalism and socialism as economic systems when taken to an extreme, without limits. By saying they are “untouched by the breath of God, unrestricted by human conscience”, he seems to mean that when either system operates solely based on secular principles like profit/growth or state control, without regard for moral/ethical concerns, they can become “repulsive”.
Solzhenitsyn may have felt that for an economic system to function in a just and humane way over the long term, it needs to be informed and balanced by spiritual/ethical values like compassion – not just material or ideological goals.
So in summary, the best interpretation is he believed that unrestrained or unlimited capitalism and socialism, when divorced from moral/ethical concerns, could dehumanize societies.
Martin Luther King Jr: Socialism for Rich
on Wednesday, September 19, 2018Martin Luther King Jr. Money Quote saying we only believe in socialism when it benefits corporations and businesses, but insist on capitalism for those in poverty. Martin Luther King Jr. said:
“We all too often have socialism for the rich and rugged free market capitalism for the poor” — Martin Luther King, Jr.
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In this quote, Martin Luther King Jr. is critiquing the unequal application of economic systems for different classes in society. He argues that in practice, wealthy and powerful entities often receive government support, bailouts, subsidies or other benefits that socialize their risks and costs – a form of “socialism for the rich.”
Meanwhile, ordinary and low-income citizens are left to struggle under “rugged free market capitalism” without such protections from failures or hardships. King’s point is that the economic rules seem to favor the interests of the affluent, while the poor are not afforded similar safety nets and face a harsher form of capitalism without fail-safes.
His view challenges the fairness of an unequal system where the downsides of markets are socialized for some but not for others.
Birthday: January 15, 1929 – Died (assasinated) April 4, 1968