Bertrand Russell, "The Case for Socialism", in In Praise Of Idleness, 1935.
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Let us begin by a definition of Socialism. The definition must consist of two parts, economic and political. The economic part consists in State ownership of ultimate economic power, which involves, as a minimum, land and minerals, capital, banking, credit and foreign trade. The political part requires that the ultimate political power should be democratic.
— Bertrand Russell on Democratic socialism
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "Let us begin by a definition of Socialism. The definition must consist of two parts, economic and political. The economic part consists in State ownership of ultimate economic power, which involves, as a minimum, land and minerals, capital, banking, credit and foreign trade. The political part requires that the ultimate political power should be democratic." in the context of "Bertrand Russell, "The Case for Socialism", in In Praise Of Idleness, 1935." to mean that wisdom is timeless.
Source: Wikiquote: "Democratic socialism" (Quotes, R)
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About Bertrand Russell
Bertrand Arthur William Russell, 3rd Earl Russell (May 18, 1872 – February 2, 1970) was a British philosopher, logician, mathematician, historian, and social critic. In 1950, he was awarded a Nobel Prize in Literature.
About Bertrand Russell
Bertrand Arthur William Russell, 3rd Earl Russell (May 18, 1872 – February 2, 1970) was a British philosopher, logician, mathematician, historian, and social critic. In 1950, he was awarded a Nobel Prize in Literature.
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