Quote by John Kenneth Galbraith

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


Under capitalism, man exploits man; while under socialism ju

Summary

This quote satirically highlights the ironic nature of both capitalism and socialism. In capitalism, it is suggested that individuals engage in exploiting others for personal gain and financial success. Conversely, the quote suggests that under socialism, the system itself exploits individuals, implying that in pursuing societal equality, individuals may be restricted or controlled by the state. It emphasizes the critique of both systems, pointing out the potential flaws and contradictions within each ideology.

By John Kenneth Galbraith
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