Communism is idiocy

According to Mark Twain,

Communism is idiocy. They want to divide up the property. Suppose they did it. It requires brains to keep money as well as make it. In a precious little while the money would be back in the former owner's hands and the communist would be poor again. The division would have to be remade every three years or it would do the communist no good.

Apparently he wrote this while staying in Paris.