Who really said it
This country has socialism for the rich, rugged individualism for the poor
King made this argument, on the record, six weeks before he was killed. Speaking at the Ministers’ Leadership Training Conference in Miami on 23 February 1968, in an address titled ‘The Minister to the Valley’, he said: the problem is that we all too often have socialism for the rich and rugged free enterprise capitalism for the poor. The version that circulates replaces ‘rugged free enterprise capitalism’ with ‘rugged individualism’ and drops the framing clause. No documented instance of King using the exact popular wording has been produced. The substance is his; the sentence has been tightened by other hands.
Last verified 21 Jul 2026 · how we verify · spot an error?