We ought, therefore, in the battle of ideas which is at the centre of the political struggle, to be confident in the strength of our intellectual case. But I believe we must also argue for our cause on the basis of its moral foundation. It is a sense of revulsion at injustice and poverty and denied opportunity, whether at home or abroad, which impels people to work for a better world, to become, as in our case, democratic socialists.

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The fundamental flaw in the individualism of the classical writers, and their modern counterparts in today's Conservative Party, is, I believe, their assumption that human beings conduct their lives on the basis of self-interested decisions taken in radical isolation from others. This thesis grotesquely ignores the intrinsically social nature of human beings and fails to recognize the capabilities that all people have to act in response to commitments and beliefs that clearly transcend any narrow calculation of personal advantage.

In response to the plummeting popularity of the Administration itself, revealed at Newbury and in the shire county elections, we have the Prime Minister's botched reshuffle. If we were to offer that tale of events to the BBC light entertainment department as a script for a programme, I think that the producers of "Yes, Minister" would have turned it down as hopelessly over the top. It might have even been too much for "Some Mothers Do 'Ave 'em". The tragedy for us all is that it is really happening—it is fact, not fiction. The man with the non-Midas touch is in charge. It is no wonder that we live in a country where the Grand National does not start and hotels fall into the sea.

If it is the case that one Department of this Government deliberately organised a leak to frustrate a Minister in the same Government, that is not only dirty tricks but a habit that is inimical to the practice of good government in this country.

In the course of a few weeks the one policy with which the Prime Minister was uniquely and personally associated, the contribution to policy of which he appears to have been most proud, has been blown apart, and with it has gone for ever any claim by the Prime Minister or the party that he leads to economic competence. He is the devalued Prime Minister of a devalued Government.