Allegations Quote by John Bates Clark

I think socialism is really about recognizing that there are limits to what the market can do. The market is very useful; at times…

— Gillian Tett

Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the…

— Ludwig von Mises

The real case against socialism is not its economic inefficiency, though on all sides there is evidence of that. Much more fundamental is its…

— Margaret Thatcher

The market came with the dawn of civilization and it is not an invention of capitalism. ... If it leads to improving the well-being…

— Mikhail Gorbachev

“the problem with socialism is, was, and always will be that sooner or later the government runs out of other people’s money to spend.…

— Mike Foster

The controversy as to whether socialism is possible has been settled by the fact that it exists, and it is a fundamental axiom of…

— Kenneth E. Boulding

I think you hear, at least as an undertone, and it's going to grow louder, is that we believe that capitalism is the mantra…

— Tim Scott

In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined. There is…

— Ludwig von Mises

The ownership of industry by the state - that is not socialism.

— Erich Fromm

“My idea of socialism is no state monopoly. There should be stress on the subjectivity of the human being. You need good material conditions,…

— Marek Edelman

“Socialism is not a competition; it is not a monopoly, either. Socialism is not a private property; it is not a state one, either.…

— Todor Bombov

The essential characteristic of socialism is the denial of individual property rights...

— Ayn Rand