Quotessence
Home / Quotes / Quote by Joseph Stalin

Quote by Joseph Stalin

“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.”

Quote by Joseph Stalin

Author

Joseph Stalin
Joseph Stalin

Joseph Stalin, the former Premier of the Soviet Union, was born on December 18, 1878, and died on March 5, 1953. He was the leader of the Soviet Communist Party and had a profound impact on the political, economic, and military development of the Soviet Union. more

You May Also Like

“Neither Italian fascism nor German national "socialism" have anything in common with such a [Soviet socialistic] society, primarily because private ownership of factories, plants, lands, banks, means of transportation, etc., remain untouched there, and, therefore, capitalism in Germany and Italy remains in full force.”