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Full Idea
Economic justice is held by Socialists (rightly, in my opinion) to involve state ownership of key industries and considerable regulation of foreign trade.
Gist of Idea
Socialists say economic justice needs some state control of industries, and of foreign trade
Source
Bertrand Russell (Authority and the Individual [1949], 5)
Book Ref
Russell,Bertrand: 'Authority and the Individual' [Unwin 1977], p.70
A Reaction
This must be to obtain greater control over the profits of industry, and also to prevent trade become too exploitative of weaker foreign nations. Britain had a socialist government when this book was written.
22534 | People care less about what is communal, and more about what is their own [Aristotle] |
23053 | The great interest of the human race is cordial unity and unlimited mutual aid [Owen] |
23137 | Liberty without socialism is injustice; socialism without liberty is brutality [Bakunin] |
23160 | Being a slave of society is hardly better than being a slave of a despot [Russell] |
23162 | Managers are just as remote from workers under nationalisation as under capitalism [Russell] |
23165 | Socialists say economic justice needs some state control of industries, and of foreign trade [Russell] |
21525 | When the state is the only employer, there is no refuge from the prejudices of other people [Russell] |
23750 | It is not more money which the wretched members of society need [Weil] |
23847 | Socialism tends to make a proletariat of the whole population [Weil] |
20575 | Socialist economics needs a very strong central power, virtually leading to slavery [Hayek, by Oksala] |
23427 | Socialism can be productive and centralised, or less productive and decentralised [Dobson] |
20097 | The welfare state aims at freedom from want, and equality of opportunity [Micklethwait/Wooldridge] |
20540 | Redistributing wealth treats some people as means, rather than as ends [Swift] |