Indira Gandhi Quotes

When Government has a monopoly of all production and all distribution, as many Governments have, it can not permit any economic activity that competes with it.

[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.

Under communism (socialism), there is no incentive to supply people with anything they need or want, including safety.

It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the automatic response to the oil crisis.

The fully planned economy, so far from being unpopular, is warmly regarded by those who know it best.

You know the critical thing with the Communist countries is Communism, which by definition consists of control by the government.

Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.

Socialism, technically, is when the government owns the means of production. And they don't yet. I mean they own a couple car companies and they're mucking that up. But fascism is where the private sector still owns businesses but the government runs it.

No company fails in communist China, because they're all partly owned by the government.

If you want government to take everything, if you want government to take more and more over with the banks, more of the industries, all of a sudden you're going to have a government auto czar, right there, right down the line, that's socialism.

No less than 50 percent of the means of production must be in the hands of the state.

The issue is always the same: the government or the market. There is no third solution.

It is true that the role of the state in the Russian economy may be too big today, but from the fiscal standpoint, it is not always practical to do this in a falling market.

Socialism constitutes a threat to the present and future welfare of the human race, in the sense that neither socialism nor any other known substitute for the market order could sustain the current population of the world.

Indeed, if communist central planners could have organized the economy with as much detail, precision, and flexibility as a modern-day Toyota or Wal-Mart, communism would probably still exist.

All of us can see what happens once you establish the precedent that the government can determine a man's working place and his working methods, determine his employment. From here it's a short step to all the rest of socialism, to determining his pay....He will wait for the government to tell him where he will go to work and what he will do.

Fascism was really the basis for the New Deal. It was Mussolini's success in Italy, with his government-directed economy, that led the early New Dealers to say "But Mussolini keeps the trains running on time.

The term "state socialism" is not precise. Under this term many understand an order under which a certain part of the wealth, sometimes a quite considerable part, passes into state ownership or under its control while in the great majority of cases the ownership of plants, factories, and land, remains in private hands.

Two-thirds of a century after [The Road to Serfdom] got written, hindsight confirms how inaccurate its innuendo about the future turned out to be.

Laissez-faire is finished. The all-powerful market that always knows best is finished.

Of course, socialism is just evil now. It's completely discredited supposedly by the collapse of the Soviet Union, but I can't help noticing that my grandchildren are heavily in hock to Communist China now which is evidently a whole lot better at business than we are.

Government central planning means over-riding other people's plans.

Along this road of spending, the government either takes over, which is Socialism, or dictates institutional and economic life, which is Fascism.

While, politically, a mixed economy preserves the semblance of an organized society with a semblance of law and order, economically it is the equivalent of the chaos that had ruled China for centuries: a chaos of robber gangs looting-and draining-the productive elements of the country.

There is simply no other choice than this: either to abstain from interference in the free play of the market, or to delegate the entire management of production and distribution to the government. Either capitalism or socialism: there exists no middle way.