Lord Acton Quotes
Socialism means slavery.
Socialism in its then pure form had the state owning and controlling all the major assets of the nation. In this sense it was contradictory to individual freedom and hence democracy. However, in the years after Tocqueville’s quotation and the industrial revolution, socialism has gradually moved away from state ownership and operations of all institutions and resources. Democracy has tended to adopt a more regulatory view to control the excesses of unbridled capitalism. The range of democratic nations by the 21st century encompassed differences but some were described as “social democracies” and had some state ownership but were basically capitalistic economies. Even the self-described Communist nations had become heavily capitalistic albeit with less political freedom. At the same time, even the United States—the epitome of 21st century capitalism, owned and controlled a few of the resources and means of production and tended to regulate the others—a substantial difference from the American democracy which Tocqueville studied.
John Emerich Edward Dalberg-Acton, 1st Baron Acton, 13th Marquess of Groppoli, better known as Lord Acton, was an English Catholic historian, politician, and writer. He was the only son of Sir Ferdinand Dalberg-Acton, 7th Baronet, and a grandson of the Neapolitan admiral and prime minister Sir John Acton, 6th Baronet. Between 1837 and 1869 he was known as Sir John Dalberg-Acton, 8th Baronet.