Socialism is simply the ultimate of government taxation and control. It has a false but definitive philosophy, and likewise, a false religion with glowing promises of utopian freedom under political change. Capitalism, until of late, has been relatively inarticulate. It practices the golden rule of each serving others as he would be served, yet has little conscious knowledge of the sound philosophy and vital religion that it constantly puts into practical effect six days of the week.
Spencer Heath, presumably from Citadel, Market and Altar (1957), as quoted in Spencer Heath MacCallum and Alvin Lowi, “A Summary of the Philosophy of Spencer Heath,” Journal of Libertarian Studies, Vol. 10, No. 1 (2018).
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Spencer Heath
