Winston Churchill: Capitalism Vice

Posted by admin on Thursday, July 9, 2020

Winston 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 Quote
 

“The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries” — Winston Churchill

 

Share </> Quote Image

Share the Winston Churchill Money quote image above on your site:

 
Short Link to this Quote:

[collapse]

 

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

Quote Search

 

Categories: philosophical Tagged:

Leave a Reply

You must be logged in to post a comment.

Money Quotes Daily

Money Quotes Daily