Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Leonard Read Quotes: Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.
         

Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.


Leonard Read
Check all other quotes by Leonard Read

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Leonard Read Quotes." Quoteslyfe.com, 2024. Sun. 28 Apr. 2024. <https://www.quoteslyfe.com/quote/Socialism-takes-and-redistributes-wealth-but-it-814648>.





Check out


Other quotes of Leonard Read


...the greatest political problem facing the world today is...how to curb the oppressive power of government, how to keep it within reasonable bounds.

...the greatest political problem facing the world today is...how to curb the oppressive power of government, how to keep it within reasonable bounds.



In market terms, one is entitled to what others will offer in willing exchange. That is all!

In market terms, one is entitled to what others will offer in willing exchange. That is all!



What precisely is this disease that causes inflation and all these other troubles? It has many popular names, such as socialism, communism, state interventionism, and welfare statism.

What precisely is this disease that causes inflation and all these other troubles? It has many popular names, such as socialism, communism, state interventionism, and welfare statism.



The American people are becoming more and more afraid of, and are running away from, their own revolution.

The American people are becoming more and more afraid of, and are running away from, their own revolution.



There is no moral distinction between the act of a pickpocket and the progressive income tax.

There is no moral distinction between the act of a pickpocket and the progressive income tax.



There is no moral distinction between petty thievery and 'from each according to ability, to each according to need.'

There is no moral distinction between petty thievery and 'from each according to ability, to each according to need.'



There could be no greater error than to conclude that statism caused prosperity.

There could be no greater error than to conclude that statism caused prosperity.



Statism, which forces all of us within its orbit, is nothing but a political system of organized plunder, managed by every conceivable type of pressure group.

Statism, which forces all of us within its orbit, is nothing but a political system of organized plunder, managed by every conceivable type of pressure group.



The advancement of freedom is not a matter of who wields political power over creative actions; rather, it depends upon the disassembling of such power.

The advancement of freedom is not a matter of who wields political power over creative actions; rather, it depends upon the disassembling of such power.



The proper and limited use of government is to invoke a common justice and keep the peace - and that is all.

The proper and limited use of government is to invoke a common justice and keep the peace - and that is all.





Other quotes you may like


Find magic in the little things, and the big things you always expected will start to show up.

Find magic in the little things, and the big things you always expected will start to show up.



As long as you set yourself up as a little god to which you must be loyal there will be those who will delight to offer affront to your idol.

As long as you set yourself up as a little god to which you must be loyal there will be those who will delight to offer affront to your idol.



A double-minded person is unstable in all his doing

A double-minded person is unstable in all his doing



Logic can take you from point A to point B. Imagination can take you wherever you want

Logic can take you from point A to point B. Imagination can take you wherever you want



I'm jealous of my parents. I'll never have a kid as cool as theirs.

I'm jealous of my parents. I'll never have a kid as cool as theirs.



Gone is not forgotten, but our lives cannot be a memorial. This city cannot be a memorial. This city has to be a city. Our lives have to be our lives.

Gone is not forgotten, but our lives cannot be a memorial. This city cannot be a memorial. This city has to be a city. Our lives have to be our lives.



I've never been comfortable as a lead performer, and I never wanted to be a singer, particularly.

I've never been comfortable as a lead performer, and I never wanted to be a singer, particularly.



The duty to be alive is the same as the duty to become oneself, to develop into the individual one potentially is.

The duty to be alive is the same as the duty to become oneself, to develop into the individual one potentially is.



When women have reclaimed their voices and men reclaimed their hearts, we won't be invading countries, we won't be feeling that we have the right to launch preemptive wars.

When women have reclaimed their voices and men reclaimed their hearts, we won't be invading countries, we won't be feeling that we have the right to launch preemptive wars.



If every planet in the Patriarchy refused to be ruled, we all would be free.

If every planet in the Patriarchy refused to be ruled, we all would be free.




Quote Description


This page presents the quote "Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.". Author of this quote is Leonard Read. This quote is about incapable, socialism, wealth, creating,.