Contrary to popular belief there is no reason whatever to suppose that the remuneration of labour in general has been raised by the combination of la… - Enoch Powell

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Contrary to popular belief there is no reason whatever to suppose that the remuneration of labour in general has been raised by the combination of labour through the trade unions to a higher level than it would have stood at otherwise. The rising standard of living of the employed population is due to many causes; but restrictive practices are not among them. No doubt in individual occupations combination has from time to time succeeded in raising real wages above what they would have been in its absence; but any such gain, which is invariably at the expense of workers in other employments and of the general public, is always temporary and usually brief. After more or less inconvenience and, in recent times, by dint of more or less inflation, the pattern of real wages reverts to one which corresponds with the balance of supply and demand for labour in the various employments in different parts of the country.

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About Enoch Powell

John Enoch Powell (16 June 1912 – 8 February 1998) was a British politician, classical scholar, author, linguist, soldier, philologist, and poet. He served as a Conservative Member of Parliament (1950–1974), then Ulster Unionist Party (UUP) MP (1974–1987), and was Minister of Health (1960–1963).

Also Known As

Alternative Names: J. Enoch Powell John Enoch Powell
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The House of Commons is at this moment being asked to agree to the renunciation of its own independence and supreme authority—but not the House of Commons by itself. The House of Commons is the personification of the people of Britain: its independence is synonymous with their independence; its supremacy is synonymous with their self-government and freedom. Through the centuries Britain has created the House of Commons and the House of Commons has moulded Britain, until the history of the one and the life of the one cannot be separated from the history and life of the other. In no other nation in the world is there any comparable relationship. Let no one therefore allow himself to suppose that the life-and-death decision of the House of Commons is some private affair of some privileged institution which at intervals swims into his ken and out of it again. It is the life-and-death decision of Britain itself, as a free, independent and self-governing nation. For weeks, for months the battle on the floor of the House of Commons will swing backwards and forwards, through interminable hours of debates and procedures and votes in the division lobbies; and sure enough the enemies and despisers of the House of Commons will represent it all as some esoteric game or charade which means nothing for the outside world. Do not be deceived. With other weapons and in other ways the contention is as surely about the future of Britain's nationhood as were the combats which raged in the skies over southern England in the autumn of 1940. The gladiators are few; their weapons are but words; and yet the fight is everyman's.

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It is a profound fallacy to suppose that there is anything to be regretted in a fall in the exchange rate. A fall in the exchange rate mirrors one or both of two things. It either mirrors a decline in our real terms of trade, or else, or also, it mirrors differential inflation in this country compared with inflation in the other countries with whose currencies we are comparing the exchange value of our own. On neither of those grounds is a fall, if there be a fall, in the exchange rate a sign that something is wrong with us or that the fall ought to be suppressed and forcibly reversed. If a fall in the exchange rate reflects a fall in the real terms of trade—if it really means that an item we are producing at the moment exchanges in Toronto or Timbuctoo for less than it formerly did—that is due to an alteration in the economic pattern of the world as a whole. The sooner and the more accurately we know about it, the sooner and the more accurately we shall adapt and alter our behaviour and productive efforts to fit those changes in the real world of which, in the end, we are the servants and not the masters, whether under a Labour Government or under any other sort of Government in this country.

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