It is a socialist idea that making profits is a vice; I consider the real vice is making losses.

Summary

This quote expresses a critique of socialism, stating that the belief that making profits is morally wrong is flawed. The speaker suggests that the true moral wrong lies in incurring losses. Implied in this statement is the idea that profit-making is a productive and valuable activity that should be encouraged, while losses reflect inefficiency or irresponsibility. It implies a pro-capitalist viewpoint, arguing that profit generation, rather than being virtuous, is a crucial aspect of economic success and progress.

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