Capitalism Quote by Joseph Stalin
“The term "state socialism" is not precise. Under this term many understand an order under which a certain part of the wealth, sometimes a quite considerable part, passes into state ownership or under its control while in the great majority of cases the ownership of plants, factories, and land, remains in private hands.”
About This Quote
Source Speech: Soviet Economic Policy, 1935
State socialism is a vague term; often only parts of wealth are state‑controlled while most remains private.
In simple terms: State socialism is loosely defined.
Clarify economic terms.
Themes
Mood
Type
When to use this quote
- policy analysis
- academic debate
- public discourse
- investment strategy
Key Concepts
Questions to Reflect On
- How does this affect policy?
- What examples illustrate mixed ownership?
The definition varies by context and can be contested.