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" "Perhaps there is at work here a process, apparent in many situations but imperfectly understood, by which problems reproduce themselves from generation to generation. If I refer to this as a cycle of deprivation.
Sir Keith Sinjohn Joseph, Baron Joseph, Bt, CH, PC (17 January 1918 – 10 December 1994), known as Sir Keith Joseph, 2nd Baronet, for most of his political life, was a British politician, intellectual and barrister. A member of the Conservative Party, he served as a minister under four prime ministers: Harold Macmillan, Sir Alec Douglas-Home, Edward Heath and Margaret Thatcher. He was a key influence in the creation of what came to be known as "Thatcherism". He was the first to introduce the concept of the social market economy into Britain, an economic and social system inspired by Christian democracy.
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The entrepreneur is the person who seeks to identify what consumers, at home or abroad or both, want and would be willing to buy at a profitable price. These entrepreneurs are the job-creators because it is they who gather the men and women, the material, the machinery, and the money to turn the vision of a market into a reality.
The old virtues of patriotism and national pride have been denigrated in the name of internationalism, love of all our fellow-men. But no one can love mankind if he does not love his own countrymen. It was the radical Socialist writer and patriot, the late George Orwell, who described the left-wing intellectuals as men motivated primarily by hatred of their own country. Socialists who spoke most about brotherhood of man could not bear their fellow-Englishmen, he complained. Their well-orchestrated sneers from their strongpoint in the educational system and media have weakened the national will to transmit to future generations those values, standards and aspirations which made England admired the world over.
Making the rich poorer does not make the poor richer, but it does make the state stronger—and it does increase the power of officials and politicians, power more menacing, more permanent and less useful than market power within the rule of law. Inequality of income can only be eliminated at the cost of freedom. The pursuit of income equality will turn this country into a totalitarian slum.