There is no evidence to show that the Soviet Union wants a trial of strength. - Aneurin Bevan

The challenge is going to come from Russia. The challenge is not going to come from the United States. The challenge is not going to come from West Germany nor from France. The challenge is going to come from those countries who, however wrong they may be – and I think they are wrong in many fundamental respects – nevertheless are at long last being able to reap the material fruits of economic planning and of public ownership. ... Our main case is and must remain that in a modern complex society it is impossible to get rational order by leaving things to private economic adventure. Therefore I am a Socialist. I believe in public ownership.

It is pertinent here to point to the different conditions under which contemporary revolutions of the East have to be carried out as distinct from those of the Americas in the late eighteenth and early nineteenth centuries. In the latter case Investment flowed freely from Europe to America, and along with the investment went skilled artisans of all kinds. It is true America did not have a large peasant population, but this was a further advantage. It was an empty country and it was filled by waves of migrants from Europe; many coming from backward European countries, but the advanced nations also made their contribution. Much of the machinery reaching America took the form of involuntary gifts, for the workings of the capitalist system produced a series of crises accompanied by bankruptcies which left much of the exported capital equipment unencumbered by subsequent financial claims. To this Europe added two wars partly financed by forced sales of European assets in America.

Soon, if we are not more prudent, millions of people will be watching each other starve to death through expensive television sets.