"Now that the day of reckoning has arrived, they cry socialism!"
About this Quote
The subtext is class and power, delivered in shorthand. “They” is doing a lot of work: it sketches an out-group with presumed privilege, the people who benefited when costs were hidden, deferred, or pushed onto others. When the system starts collecting - economic crash, labor demands, taxes, regulation, debt relief, public spending - the beneficiaries rebrand consequence as confiscation. “Socialism” becomes a siren word, meant to stop the reckoning by making it sound like an existential threat rather than a correction.
Contextually, this fits a long American pattern where “socialism” functions less as a description than as a veto. It’s the label slapped on anything that shifts risk away from individuals and back toward institutions: bank regulation after speculation, social insurance after precarity, student debt relief after decades of tuition inflation. Sherman, as an educator, likely has a front-row seat to how public goods get denounced right when their absence becomes unbearable.
What makes the line work is its compression: one sentence that frames ideology as a reflex. The real target isn’t socialism; it’s the selective outrage of people who loved the upside of the system until the downside showed up with a due date.
Quote Details
| Topic | Justice |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Sherman, Elizabeth A. (2026, January 15). Now that the day of reckoning has arrived, they cry socialism! FixQuotes. https://fixquotes.com/quotes/now-that-the-day-of-reckoning-has-arrived-they-70390/
Chicago Style
Sherman, Elizabeth A. "Now that the day of reckoning has arrived, they cry socialism!" FixQuotes. January 15, 2026. https://fixquotes.com/quotes/now-that-the-day-of-reckoning-has-arrived-they-70390/.
MLA Style (9th ed.)
"Now that the day of reckoning has arrived, they cry socialism!" FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/now-that-the-day-of-reckoning-has-arrived-they-70390/. Accessed 22 Feb. 2026.





