The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of misery.
About this quote
- What does it mean?
- Churchill contrasts capitalism's inequality with socialism's shared hardship in a cynical way.
- In plain terms
- Capitalism shares wealth unevenly; socialism shares hardship equally.
- What can you take from it?
- Both systems have inherent flaws.
Where it applies
Putting it to work
Questions to consider
- What is the best economic system?
- How do we share benefits?
Another view
It is a oversimplified view.
More from Winston Churchill
The Hun is either at your throat or at your feet.
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Permalink to quote #170 The House of Commons has lifted our affairs above the mechanical sphere into the human sphere.
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