„Socialism without public ownership is nothing but a fantastic apology.“

—  Michael Foot, The Daily Herald, 1956.
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Michael Foot
1913 - 2010
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„Social ownership and operation of the basic industries, and especially socialized banking and credit“

—  Kirby Page American clergyman 1890 - 1957
Context: In three ways unemployment would be reduced. First... by greater equalization of purchasing power and consequent stimulus in the form of effective demand. Second, by utilizing the national credit and socialized industries for the creation of new industries and the extension of existing ones.... Social ownership and operation of the basic industries, and especially socialized banking and credit, would greatly facilitate the task of shifting the masses of unemployed into productive channels. Third, if necessary, by shortening working hours and dividing the available work among all the people.

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„Without socialism, bourgeois practices and the egotistical principle of private ownership gave rise to the "people of the abyss" described by Jack London and earlier by Engels.“

—  Andrei Sakharov Soviet nuclear physicist and human rights activist 1921 - 1989
Context: Without socialism, bourgeois practices and the egotistical principle of private ownership gave rise to the "people of the abyss" described by Jack London and earlier by Engels. Only the competition with socialism and the pressure of the working class made possible the social progress of the twentieth century and, all the more, will insure the now inevitable process of rapprochement of the two systems. It took socialism to raise the meaning of labor to the heights of a moral feat. Before the advent of socialism, national egotism gave rise to colonial oppression, nationalism, and racism. By now it has become clear that victory is on the side of the humanistic, international approach. The capitalist world could not help giving birth to the socialist, but now the socialist world should not seek to destroy by force the ground from which it grew. Under the present conditions this would be tantamount to the suicide of mankind. Socialism should ennoble that ground by its example and other indirect forms of pressure and then merge with it.

„If adequate incentives could be assured, public ownership and scientific operation“

—  Kirby Page American clergyman 1890 - 1957
Context: If adequate incentives could be assured, public ownership and scientific operation of banking, sources of electric energy, basic natural resources, chief means of transportation and communication, and steel, would increase productivity enormously by national planning and correlating.

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