Comment & Debate
Winston Churchill: “The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”[1]
As Franklin D. Roosevelt’s famous saying goes: “Capitalism is unequally divided riches while socialism is equally divided poverty.” In other words, socialism may be more equal, but that is not a better result when everyone is poor. It is better that there be some inequality under capitalism, when everyone is more wealthy and prosperous.