The right of free association, which is pleaded on behalf of collective price-fixing by trade unions, means nothing unless there is an equal right of… - Enoch Powell

I make no apology for once again reminding the House, and particularly my right hon. and hon. Friends, of what was our view not so long ago on the policies which have led us to this stage. I do so in no spirit of criticism or of recrimination, but because I believe that there are practical and important deductions to be drawn from recalling the fact that when the Conservative Party was elected by a majority we told the country that we utterly rejected the philosophy of compulsory control of wages. We said that we had seen the Labour Government's statutory control of wages fail and that we did not intend to repeat it. We did not make those statements as a matter of mere theory. We did not make them, as it were, in the margin or idly. They arose not only from theory but from the observation, both in this country and elsewhere, that the attempt to combine Government policies which in themselves are inflationary with the endeavour to regulate and control prices and wages has invariably and inevitably led to an impasse and to irresolvable conflict between the demands of Government on the one hand and the realities, as the private citizen sees and knows them, on the other. We were speaking not merely from theory but from experience.

So long as the figures 'now superseded' and the academic projections based upon them held sway, it was possible for politicians to shrug their shoulders. With so much of immediate and indisputable importance on their hands, why should they attend to what was forecast for the end of the century, when most of them would be not only out of office but dead and gone? … It was not for them to heed the cries of anguish from those of their own people who already saw their towns being changed, their native places turned into foreign lands, and themselves displaced as if by a systematic colonisation. For these the much vaunted compassion of the parties and politicians was not available: the parties and the politicians preferred to be busy making speeches on race relations; and if any of their number dared to tell them the truth, even less than the whole truth, about what was happening and what would happen here in England, they denounced them as racialist and turned them out of doors. They could feel safe; for they said in their hearts: 'If trouble comes, it will not be in our time; let the next generation see to it!' … The explosive which will blow us asunder is there and the fuse is burning, but the fuse is shorter than had been supposed. The transformation which I referred to earlier as being without even a remote parallel in our history, the occupation of the hearts of this metropolis and of towns and cities across England by a coloured population amounting to millions, this before long will be past denying. It is possible that the people of this country will, with good or ill grace, accept what they did not ask for, did not want and were not told of. My own judgment—it is a judgment which the politician has a duty to form to the best of his ability—I have not feared to give: it is—to use words I used two years and a half ago—that 'the people of England will not endure it'.

The economic losses are those which are common to all monopolistic and restrictive practices. Whenever relatively more is paid for one set of services, and therefore less for all the rest, than would be paid in the absence of restrictive practices, the result is that the pattern of production is not as nearly as "right" as it would otherwise be: we waste part of our resources—human as well as material—by not putting them to the uses which yield the best return. In the modern state this is corrected not, as in the past, by unemployment and the forcing down of money wages, but by inflation and the devaluation of money: if one group succeeds in raising the price of its services by restrictive methods, then everyone else will also get around to being paid more for theirs, until a pattern which corresponds with the balance of supply and demand is again restored. The resultant inflation not only has the familiar inconvenient consequences for a country with a fixed parity of exchange. It also creates injustice for those persons and classes whose expectations are defined in fixed money terms.