It was educational heresy to justify spending money on education to make factories and enterprises more profitable and competitive. "The state which … - Enoch Powell

In 1970 my right hon. Friend the Prime Minister, and all of us who sit on these benches on the Government side of the House, said to the country "We utterly reject the philosophy of compulsory wage control," or again—"Labour's compulsory wage control was a failure...and we will not repeat it." Why did we say those things so emphatically, over and over again, to the country in 1970? We said them on the basis of what we had argued, experienced, seen and watched over the preceding years. We said them out of a conviction, often stated, that the inevitable result of combining inflation with the attempt to control it by compulsory control of wages was bound to be the most damaging and irresolvable conflict between State and citizens. We said them because...we were convinced in those days that inflation was the result, overwhelmingly, almost exclusively, of actions and policies which were within the power and control of Government. It was because we were convinced that if Government, for their part, would so manage the finances of the nation, if they would so frame the policies within their control, within their hands, there would, indeed, be industrial conflicts, there would be collective bargaining, carried no doubt sometimes to the use of the strike weapon, and there would be the attempt, natural and inevitable, to reassess and reassess again the real relativities between the wages of one industry and another and those of one job and another, but we would not be bringing into the arena of direct conflict between Government and citizen every wage dispute, every bargain, every price and every wage that was fixed. We were convinced that responsibilities would lie where they ought to lie—the responsibility of management and the responsibility of trade union leadership could be exercised where they belonged—if Government would exercise the responsibility which is theirs.

Although there are aspects of mugging which are continuous, permanent, old-fashioned, the new word is describing a typically new thing. That new thing, as is recently being admitted, is connected with the change in the composition of the population of certain of our great cities. To use a crude but efficient word for it, it is racial. Its prevalence is due to the fact that an implant into our society has changed a community that was previously homogeneous into a community which is no longer homogeneous and self-identifying... I was delighted with the terminology of the Metropolitan Police report to the Select Committee on Race Relations and Immigration: ‘Experience has taught us the fallibility of the assertion that crime rates amongst those of West Indian origin are no higher than those of the population at large’. Splendidly expressed! Beautifully expressed!

The idea of the State-controlled economy is not modern at all. It is very old; and not only very old, but refuted and superseded long ago. It is quite true that the great principles of capitalism and free enterprise were expounded and explored around the beginning of the nineteenth century. Newton discovered gravitation in the seventeenth century. Copernicus proved in the sixteenth century that the earth revolves round the sun. But these truths are not thereby "out-of-date". They are not refuted by the lapse of time. The errors which they replaced are errors still. It is the Socialists and the economic planners who are the Ptolemaics and the flat-earthers of the modern world. They have not moved on beyond capitalism: they have moved back before it. In order to find the parallels to their faith in state regulation and control of the economy you have to go back behind Adam Smith and his contemporaries to the elaborate management of trade in the guilds and boroughs of the Middle Ages or to the French bureaucrats of the seventeenth and eighteenth centuries.