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Socialism was not the socialization of losses and the privatization of profits. - Jacques Delors
" "Socialism was not the socialization of losses and the privatization of profits.
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About Jacques Delors
Jacques Lucien Jean Delors (20 July 1925 – 27 December 2023) was a French politician who served as the 8th President of the European Commission from 1985 to 1995. He served as Minister of Finance of France from 1981 to 1984. He was a Member of the European Parliament from 1979 to 1981.
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Alternative Names:
Jacques Lucien Jean Delors
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Additional quotes by Jacques Delors
[I criticise those] countries that used currency devaluation as a lever to win jobs. I would refer you to one member state of the Community without name it. Those who devalue in an extreme way will find health at the expense of the rest of the Community. It's like three people shipwrecked—one person floats for the sake of the other two going under.
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What I see is European construction drifting towards a free-trade zone, that is to say an English-style Europe, which I reject. If we do nothing, this will lead in 15 years to a break-up. I reject a Europe that would be just a market, a free-trade zone without a soul, without a conscience, without political will, without a social dimension.
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