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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 It is very old; and not only very old, but refuted and superseded long ago.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 quit… - Enoch Powell
" "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 It is very old; and not only very old, but refuted and superseded long ago.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 But these truths are not thereby "out-of-date".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.
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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).
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J. Enoch Powell
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John Enoch Powell
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This is the positive aspect of British opposition to entry into the Community – the breadth and depth of the people's conviction that in no foreseeable future could they in this sense form one electorate with the inhabitants of the continent... It is that in their thousand-year history the British Isles has made a nation which recognizes itself more in its separation and difference from the continent than its similarity and kinship.
The Government know perfectly well that, in order to cope with the rising inflation and disastrous trade balance, it is indispensable to budget for a severe increase in taxation and a further reduction in the rate of growth of public expenditure. They have the majority and the authority to do this now. They do not need an election in order to act in the national interest. Nor do they need an election to get the country back to full-time work. Neither the miners nor the other trade unions have broken the law or threatened to break it. There is nothing sacrosanct about stage 3 or the Government's interpretations of it. A settlement will have to be found in the mining industry – and in every other industry – which will get the necessary labour into the necessary jobs.
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[T]o the extent that collective bargaining does succeed in distorting costs, it must rank among the obstacles to improvement in the standard of living of the British worker; and the more effective it is, the greater the obstacle. The British industrial worker today works longer hours for less real wages than his counterpart in West Germany, and that will soon be true, if it is not already, of his counterparts in a number of other European countries. This is not because the British trade unions are not strong enough, any more than it is because the monopolies and restrictive practices among buyers and sellers of goods and services are not tight enough. It is because industrial effort is being more efficiently used elsewhere than here. This is what gives the immediacy and urgency to this whole question of the trade unions. The people of this country cannot afford to allow themselves the luxury of practices and habits, however encrusted with sentiment and benevolent superstition, which place obstacles in the way of more efficient use of our resources.
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