“Questions about the influence of socialism are increasingly more difficult to answer as the word socialism has so many meanings. The idea that the inequalities of incomes can be greatly reduced has come to be recognized as largely impractical. Practically all endeavours at just distribution express more or less arbitrary conceptions of what is just and the central idea of Marxian socialism of a rationalisation of the means of production has been largely abandoned as technically impracticable. I believe that in general the idea of justice is more closely met by a freely competitive market than by any deliberate allocation of income to some imagined ideal of the kind.”

Source: Eclipse of Reason (1947), pp. 21-22.

Introduction : The Success of Socialist Ideas
Socialism (1922)

Source: Nationalism and Culture (1937), Ch. 1 "The Insufficiency of Economic Materialism"
Context: The deeper we trace the political influences in history, the more are we convinced that the "will to power" has up to now been one of the strongest motives in the development of human social forms. The idea that all political and social events are but the result of given economic conditions and can be explained by them cannot endure careful consideration. That economic conditions and the special forms of social production have played a part in the evolution of humanity everyone knows who has been seriously trying to reach the foundations of social phenomena. This fact was well known before Marx set out to explain it in his manner. A whole line of eminent French socialists like Saint–Simon, Considerant, Louis Blanc, Proudhon and many others had pointed to it in their writings, and it is known that Marx reached socialism by the study of these very writings.

146
Multitude: War and Democracy in the Age of Empire

Speech to the European Republic Committee at the American Club in London (25 October 1978), quoted in The Times (26 October 1978), p. 5
1970s

Source: An exploration in the theory of optimum income taxation, 1971, p. 208

Source: A Man of Law's Tale (1952), In London, p. 292-3

On Democracy (6 October 1884)

Christian Mysticism (1899) http://www.gutenberg.org/ebooks/14596, Preface <br class="br">Context: No word in our language — not even &quot;Socialism&quot;— has been employed more loosely than &quot;Mysticism.&quot; … The history of the word begins in close connexion with the Greek mysteries. A mystic is one who has been, or is being, initiated into some esoteric knowledge of Divine things, about which he must keep his mouth shut…