The important person is the man who has control of economic power, not the man who has a fraction of the nominal ownership. The Prime Minister does not own No. 10 Downing Street, and Bishops do not own their palaces; but it would be absurd to pretend, on this account, that they are no better off as regards housing than the average wage-earner. Under any form of socialism which is not democratic, those who control economic power can, without 'owning' anything, have palatial official residences, the use of the best cars, a princely entertainment allowance, holidays at the public expense in official holiday resorts, and so on and so on.
Source: Power, 1938.
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