“Under capitalism, man exploits man; while under socialism just the reverse is true.”

— John Kenneth Galbraith

Source: A Life in Our Times

Last update June 3, 2021. History

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John Kenneth Galbraith 207

American economist and diplomat 1908–2006

Len Deighton book Funeral in Berlin

Funeral in Berlin (1964; repr. Harmondsworth: Penguin, 1966) p. 145
Another Czech joke

“Capitalism is man exploiting man. Socialism is just the opposite.”

Coluche (1944–1986) French comedian and actor

Le capitalisme, c'est l'exploitation de l'homme par l'homme. Le communisme, c'est le contraire !
[Coluche, Les syndicats et le délégué, Coluche : l’intégrale, 3, Carrère, 1989]
Compare Len Deighton, Funeral in Berlin (1964): "Capitalism is the exploitation of man by man. Yes? Well socialism is exactly the reverse."

“The chief difference between free capitalism and State socialism seems to be this: that under the former a man pursues his own advantage openly, frankly and honestly, whereas under the latter he does so hypocritically and under false pretenses.”

H.L. Mencken (1880–1956) American journalist and writer

397
1940s–present, Minority Report : H.L. Mencken's Notebooks (1956)

“Capitalism place money at the centre of everything. While Socialism make the man at the centre of the universe.”

Mwanandeke Kindembo (1996) Congolese author

“What kind of society isn’t structured on greed?… So the problem of social organization is how to set up an arrangement under which greed will do the least harm. It seems to me that the great virtue of capitalism is that it’s that kind of system. Because under capitalism, the power of any one individual over his fellow man is relatively small.”

Milton Friedman (1912–2006) American economist, statistician, and writer

“Interview with Milton Friedman”, Playboy magazine (Feb. 1973)

“Under a government which imprisons any unjustly, the true place for a just man is also a prison… the only house in a slave State in which a free man can abide with honor.”

Henry David Thoreau book Civil Disobedience

Civil Disobedience (1849)

“The principle of recognition of evil under all its guises is at the basis of the true education of man.”

Boris Sidis (1867–1923) American psychiatrist

Philistine and Genius (1919)

“Everyday I become more convinced, there is no doubt in my mind, as many intellectuals have said, that it is necessary to transcend capitalism. But capitalism can not be transcended through capitalism itself; it must be done through socialism, true socialism, with equality and justice. I’m also convinced that it is possible to do it under democracy, but not in the type of democracy being imposed by Washington.”

Hugo Chávez (1954–2013) 48th President of Venezuela

Hugo Chávez during his closing speech at the World Social Forum in Porto Alegre, Brazil. January 31, 2005. http://www.venezuelanalysis.com/news.php?newsno=1486
2005

“The King himself should be under no man, but under God and the Law.”

Edward Coke (1552–1634) English lawyer and judge

Prohibitions del Roy, 12 Co. Rep. 63, quoting Henry de Bracton's treatise on the laws and customs of England. http://www.uniset.ca/other/cs4/77ER1342.html
Institutes of the Laws of England

“A man who chooses between drinking a glass of milk and a glass of a solution of potassium cyanide does not choose between two beverages; he chooses between life and death. A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.”

Ludwig von Mises book Human Action

1963 edition, p. 680
Human Action (1949)

“Under capitalism, man exploits man; while under socialism just the reverse is true.”

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John Kenneth Galbraith 207

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