"Socialists make the mistake of confusing individual worth with success. They believe you cannot allow people to succeed in case those who fail feel worthless"

This quote by Kenneth Baker is referring to the concept of socialism, which is a financial system that advocates for the collective ownership of the means of production and the distribution of wealth. Baker is recommending that socialists make the error of relating individual worth with success. He thinks that socialists think that if individuals are permitted to prosper, those who fail will feel worthless. This is a misguided belief, as success and worth are not always linked. Everyone has worth despite their success, and allowing people to succeed does not indicate that those who fail will feel useless. Baker is suggesting that socialists ought to acknowledge this distinction and not equate success with worth.