I start with the measures which the Government announced last Thursday, and which are the immediate occasion of today's debate, and to which the right hon. Gentleman finally came round - a trifle nervously, I thought - after ploughing through that tedious and tendentious farrago of moth-eaten cuttings presented to him by the Conservative Research Department. I must say that part of his speech was rather like being savaged by a dead sheep.
British politician (1917–2015)
Denis Winston Healey, Baron Healey PC (30 August 1917 – 3 October 2015) was a British Labour Party politician who served as Secretary of State for Defence from 1964 to 1970 and Chancellor of the Exchequer from 1974 to 1979. He was a Member of Parliament for 40 years (from 1952 until his retirement in 1992) and was the last surviving member of the cabinet formed by Harold Wilson after the Labour Party's victory in the 1964 general election.
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Alternative Names:
Denis Winston Healey, Baron Healey
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Denis Winston Healey
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Denis Winston, Baron Healey
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We are all agreed on a massive extension of public ownership...We are all agreed on establishing comprehensive planning control over the 100 or so largest companies in Britain. We are all agreed on the need for a national enterprise board to organise and extend public ownership in the profitable manufacturing industries.
By his conduct of the campaign against the Labour Government Aneurin Bevan has destroyed a good chance of succeeding the Party's leadership. Whereas Bevan's proletarian virility has always hypnotised many middle-class intellectuals, the trade unionists tend to see in him the familiar figure of the self-seeking agitator... Bevanism is essentially a flight from reality into dogma. But its opponents have had little to offer as a positive alternative. The Great Debate in British Socialism has so far consisted in one side talking nonsense and the other side keeping mum.
The Labour Party may hope to carry the Welfare State and planning further than the Tories, but for a long time physical and psychological factors will fix rigid limits. Further 'soaking the rich' will no longer benefit the poor to any noticeable extent. Further nationalisation no longer attracts more than a tiny fringe of the Labour Party itself; it positively repels the electorate as a whole. Even among Labour economists there is a growing revolt against physical controls in favour of the price mechanism. A policy based on class war cannot have a wide appeal when the difference between classes is so small as Labour made it.
We shall increase income tax on the better off so that we can help the hundreds of thousands of families now tangled helplessly in the poverty trap by raising the tax threshold and introducing reduced rates of tax for those at the bottom of the ladder. I warn you, there are going to be howls of anguish from the rich. But before you cheer too loudly let me warn you that a lot of you will pay extra taxes too.