The quote is mistakenly attributed to the author

“It is true that liberty is precious — so precious that it must be rationed.”

—  Vladimir Lenin

As quoted in Soviet Communism: A New Civilization? (1936) by Sidney & Beatrice Webb
Attributions
Looking up the reference, the book that is cited is not even quoting him. The quote's origins are the book Soviet Communism: A New Civilisation by Sidney and Beatrice Webb. However, the books states that "...Lenin is said to have once observed that..." so clearly the authors are not quoting directly. The quote really just sounds like the kind of thing an anti-communist dreams.

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Vladimir Lenin photo
Vladimir Lenin 336
Russian politician, led the October Revolution 1870–1924

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