Leonard E. Read: Socialism

Leonard E. Read was American academic. Explore interesting quotes on socialism.
Leonard E. Read: 46   quotes 0   likes

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

Anything That's Peaceful (1964)
Context: Socialism depends upon and presupposes material achievements which socialism itself can never create. Socialism is operative only in wealth situations brought about by motes of production other than its own. Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.

“Once an activity has been socialized, it is impossible to point out, by concrete example, how men in a free market could better conduct it. How, for instance, can one compare a socialized post office with private postal delivery when the latter has been outlawed?”

Excuse Me, Professor: Challenging the Myths of Progressivism https://books.google.com/books?id=W3MuCgAAQBAJ&pg=PT25&dq=Once+an+activity+has+been+socialized,+it+is+impossible+to+point+out,+by+concrete+example,+how+men+in+a+free+market+could+better+conduct+it.+How,+for+instance,+can+one+compare+a+socialized+post+office+with+private+postal+delivery+when+the+latter+has+been+outlawed?&hl=en&sa=X&ved=0ahUKEwilwZqz9PLTAhXGOyYKHSjJCk8Q6AEIJzAA#v=onepage&q=Once%20an%20activity%20has%20been%20socialized%2C%20it%20is%20impossible%20to%20point%20out%2C%20by%20concrete%20example%2C%20how%20men%20in%20a%20free%20market%20could%20better%20conduct%20it.%20How%2C%20for%20instance%2C%20can%20one%20compare%20a%20socialized%20post%20office%20with%20private%20postal%20delivery%20when%20the%20latter%20has%20been%20outlawed%3F&f=false
Excuse Me, Professor: Challenging the Myths of Progressivism

“Statism is but socialized dishonesty; it is feathering the nests of some with feathers coercively plucked from others - on the grand scale. There is no moral — only a legal — distinction between petty thievery and political Robin Hoodism, which is to say, there is no moral difference between the act of a pickpocket and the progressive income tax or any other piece of socialization.”

Anything That's Peaceful https://books.google.com/books?id=4wWA1vexxdsC&pg=PA74&lpg=PA74&dq=%22is+but+socialized+dishonesty;+it+is+feathering+the+nests+of+some+with+feathers+coercively+plucked+from+others+-+on+the+grand+scale.%22&source=bl&ots=1I89gu9Jmo&sig=8jpm9FnYbB87c8BB_twGQw8CC7o&hl=en&sa=X&ved=0ahUKEwjIuZ_58vLTAhXD4SYKHbHVAncQ6AEILDAB#v=onepage&q=%22is%20but%20socialized%20dishonesty%3B%20it%20is%20feathering%20the%20nests%20of%20some%20with%20feathers%20coercively%20plucked%20from%20others%20-%20on%20the%20grand%20scale.%22&f=false
Anything That's Peaceful (1964)

“Communism, socialism, the welfare state, et cetera, are essentially one and the same thing.”

Leonard Read Journals, November 5, 1951 https://history.fee.org/leonard-read-journal/1951/leonard-e-read-journal-november-1951/

“Socialism is founded on a lie -- the premise that man knows more than he in fact does know.”

Leonard Read Journals, September 18, 1959 https://history.fee.org/leonard-read-journal/1959/leonard-e-read-journal-september-1959