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" "It has never been my nature, I regret to admit to the House, to turn the other cheek.
Denis Winston Healey, Baron Healey PC (30 August 1917 – 3 October 2015) was a British Labour Party politician who served as Secretary of State for Defence from 1964 to 1970 and Chancellor of the Exchequer from 1974 to 1979. He was a Member of Parliament for 40 years (from 1952 until his retirement in 1992) and was the last surviving member of the cabinet formed by Harold Wilson after the Labour Party's victory in the 1964 general election.
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The central problem of our economy for more than a generation has been that, although our productivity has grown more slowly than that of our competitors, we have seen annual wage increases of the same order as theirs. So our inflation has risen faster than in other countries and we have been able to maintain price competitiveness and full employment only by a series of devaluations which have further added to inflation and increased the pressure for excessive wage increases. In the era of North Sea oil it will be more difficult to devalue our currency to maintain price competitiveness. So unless we can keep wage increases close to the level of productivity increase we shall face rising unemployment and a further erosion of our industrial base.
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Nye [Bevan] thinks that the best way to win friends and influence people is to kick them in the teeth... But there is in the country and in the Party a great deal of real anti-Americanism and in my view it is a disgrace to Socialism and a menace to peace. A lot of it is just jingoism with an inferiority complex, trying to make foreigners a scapegoat for everything that goes wrong in this country. We are Socialists; we are supposed to believe...in the brotherhood of man, and we cannot say all men are brothers except Americans... I ask you to throw away the stale mythology of these political Peter Pans... We cannot solve the problems of foreign policy on a diet of rhetorical candy-floss.