The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery.
— Winston Churchill.
So, really, it’s all about value judgments.
Apr
09
2009
The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery.
— Winston Churchill.
So, really, it’s all about value judgments.
Permanent link to this article: http://www.tvhe.co.nz/2009/04/09/quote-21-winston-churchill-on-the-equity-efficiency-tradeoff/
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5 comments
1 ping
Matt Nolan says:
April 9, 2009 at 10:34 am (UTC 12 )
A very good quote, although my favorite Churchill quote would have to be
“Bessie Braddock: Sir, you are drunk.
Churchill: And you, madam, are ugly. But in the morning, I shall be sober.”
Lew says:
April 9, 2009 at 11:31 am (UTC 12 )
Spot on, thanks – value judgements are important, but it’s critical that they not be treated as absolutes.
L
agnitio says:
April 9, 2009 at 11:50 am (UTC 12 )
I like Matt’s one the most too, however this one is also a stunner:)
rauparaha says:
April 9, 2009 at 12:39 pm (UTC 12 )
Winnie sure did have a way with words: I’d wouldn’t mind coming up with just one line that snappy in my lifetime!
don morrison says:
April 24, 2009 at 4:18 pm (UTC 12 )
Very useful information . Thanks for sharing.
Do Stress Management Courses REALLY WORK? | Post Traumatic Stress Syndrome says:
April 10, 2009 at 6:23 pm (UTC 12 )
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