Quote by Walter Lippmann

Corrupt, stupid grasping functionaries will make at least as big a muddle of socialism as stupid, selfish and acquisitive employers can make of capitalism.

Corrupt, stupid grasping functionaries will make at least as

Summary

This quote suggests that the success or failure of socialism is not solely determined by the economic system itself, but rather by the individuals who implement and manage it. It argues that corrupt and inept officials within a socialist system can create as many problems as greedy and self-interested employers within a capitalist system. In essence, it implies that the flaws and shortcomings of any economic system are often a reflection of the flawed human nature of those in power.

Topics

Corruption

By Walter Lippmann

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