Famous quotes containing the words socialism and/or economics:
“Successful socialism depends on the perfectibility of man. Unless all, or nearly all, men are high-minded and clear-sighted, it is bound to be a rotten failure in any but a physical sense. Even through it is altruism, socialism means materialism. You can guarantee the things of the body to every one, but you cannot guarantee the things of the spirit to every one; you can guarantee only that the opportunity to seek them shall not be denied to any one who chooses to seek them.”
—Katharine Fullerton Gerould (1879–1944)
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)