Our party can't be united unless it remains what it always has been till now: a broad coalition of men and women from all sections of our society, su… - Denis Healey

Faced with the difficulties of unilateral reflation, some socialists are tempted to seek salvation through trade restrictions or competitive devaluation. But such beggar-my-neighbour policies, if pursued on the scale required...are more likely to lead to a trade and currency war than to insulate their sponsors from the recession in the outside world.

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.

[Referring to the "Olive line"] That division makes federation impossible – inconceivable, in my opinion.