So long as the Soviet Union has nuclear weapons there have to be nuclear weapons somewhere in NATO to deter them from using them. - Denis Healey

The borrowing requirement was 'terrifying'. He just had to cut back public expenditure. The Social Contract wasn't working. Inflation was getting out of control.

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 did not want middle class Robespierres.