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The problem with socialism is socialism; the problem with capitalism is capitalists.”

So said Herr William Schlamm some 50 years ago.

I didn’t overhear Willi getting off his mot, but I have read it enough times quoted by William F. Buckley Jr. in his column not only to remember it, but also to have the time for the reflection necessary to affirm its truth. (Which is about five or six seconds each time, I’d say.)



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