“Socialism was not the socialization of losses and the privatization of profits.”
Jacques Delors (1925) French economist and politician
Speech (26 June 1981), quoted in The Times (27 June 1981), p. 17
French Minister of Finance
“ Why Tax Breaks Won’t Stop High-Tech, H-1B Human Trafficking https://constitution.com/tax-breaks-wont-stop-high-tech-h-1b-human-trafficking/,” Constitution.com, November 16, 2017.” <br class="br">2010s, 2017
“Socialism was not the socialization of losses and the privatization of profits.”
Jacques Delors (1925) French economist and politician
Speech (26 June 1981), quoted in The Times (27 June 1981), p. 17
French Minister of Finance
Hugh Macmillan, Baron Macmillan (1873–1952) British judge
Source: A Man of Law's Tale (1952), At the Scottish bar, p. 234
Karl William Kapp (1910–1976) American economist
Source: Social Costs of Business Enterprise, 1963, p. 231. Cited in: Rania Ghosn (2012) "Where are the Missing Spaces? The Geography of some Uncommon Interests" in the Yale Architectural Journal Perspecta. Perspecta 45.
Vladimir Lenin (1870–1924) Russian politician, led the October Revolution
Source: Imperialism, The Highest Stage of Capitalism (1917), Chapter One
Source: Imperialism, the Highest Stage of Capitalism: Full Text of 1916 Edition
Tipu Sultan (1750–1799) Ruler of the Sultanate of Mysore
Circular of Tipu Sultan to local administrators on 1790. Cited in "India as a Secular State" Page 72 by "Donald Eugene Smith" https://books.google.com.sa/books?id=8zXWCgAAQBAJ&pg=PA72 <br class="br">From Tipu Sultan's Decrees
Alfred de Zayas (1947) American United Nations official
United Nations General Assembly - Promotion of a democratic and equitable international order http://www.ohchr.org/Documents/Issues/IntOrder/A-68-284_en.pdf. <br class="br">2013
Michael Parenti (1933) American academic
Source: Democracy for the Few (2010 [1974]), sixth edition, Chapter 8
“The theory of Communism may be summed up in the single sentence: Abolition of private property.”
Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist
Source: The Manifesto of the Communist Party (1848), Section 2, paragraph 13.