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" Socialism, indeed, is simply the degenerate capitalism of bankrupt capitalists. Its one genuine object is to get more money for its professors; all its other grandiloquent objects are afterthoughts, and most of them are bogus. "
Prejudices: Third Series - Page 109
de Henry Louis Mencken - 1922 - 328 pages
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Prejudices: Third Series, Volume 3

Henry Louis Mencken - 1922 - 338 pages
...possible to the "man who has it. Even the Socialists, who profess to scorn money, really worship it. Socialism, indeed, is simply the degenerate capitalism...that the establishment and safeguarding of liberty 110 PREJUDICES: THIRD SERIES was the chief purpose of democracy. The theory is mere wind. The average...
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The Concise Columbia Dictionary of Quotations

Robert Andrews - 1989 - 414 pages
...case those who fail feel worthless. Kenneth Baker (b. 1934) British Conservative politician Socialism is simply the degenerate capitalism of bankrupt capitalists....genuine object is to get more money for its professors. HL Mencken (1880-1956) American journalist See Churchill on CAPITALISM; COMMUNISM; Galbraith on ECONOMICS;...
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