Thomas Sowell Quotes
Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.
Sowell, Thomas. Intellectuals and Society. Basic Books, 2009.
The king had his first meeting with the new Prime Minister:
This is a catenation of two separate quotes: (1) “Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy.” —Perth, Scotland, 28 May 1948, in Churchill, Europe Unite: Speeches 1947 & 1948 (London: Cassell, 1950), 347. (2) ("Equal sharing of miseries"): Spoken in the House of Commons on October 22, 1945: "The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries".
Thomas Sowell is an American economist, social theorist, and senior fellow at Stanford University's Hoover Institution.