It's literally real but it's a godawful mashup of different sources and so trying to present it as a single coherent quote- even more as one sentence- is poor citation and is not something that would be used by anyone who has made reasonable academic study. Half of it has been Frankensteined in from a speech where he attacks capitalism and socialism alike.
It is, in any case, pretty bloody stupid to take Churchill as any sort of expert on peacetime politics. He was awful at that- that's why he was voted out after the war. Look at this attitudes on Gandhi.
A Churchill 'quote' like that is an appeal to... non-authority.
In any case, agreed, that this thread mater is pretty feeble, so closed.