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The industrial crisis now facing Britain is far deeper than is generally appreciated; and so therefore the scale and scope of the national industrial… - Tony Benn
" "The industrial crisis now facing Britain is far deeper than is generally appreciated; and so therefore the scale and scope of the national industrial strategy needed to overcome it is correspondingly greater. ... It is no exaggeration to say that Britain's whole future depends upon major investment in the expansion and reequipment of our manufacturing plants, aimed at restoring British industry to a competitive position in world and home markets. Such an investment programme will be a huge and lengthy task. It would involve us as a nation in spending some £6,000m a year on capital investment in manufacturing, double what we have been spending.
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About Tony Benn
Anthony Neil Wedgwood Benn (3 April 1925 – 14 March 2014), known between 1960 and 1963 as Viscount Stansgate, was a British Labour Party politician and diarist who served as a Cabinet minister in the 1960s and 1970s. He was the Member of Parliament for Bristol South East and Chesterfield for 47 of the 51 years between 1950 and 2001. He later served as President of the Stop the War Coalition from 2001 to 2014.
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Also Known As
Alternative Names:
Anthony Neil Wedgwood Benn
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Viscount Stansgate
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2nd Viscount Stansgate
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Additional quotes by Tony Benn
[The Conservatives' Industry Act contains] the most comprehensive armoury of government control that has ever been assembled for use over private industry, far exceeding all the powers thought necessary by the last Labour government...Heath has performed a very important historical role in preparing for the fundamental and irreversible transfer in the balance of power and wealth which has to take place...The whole nature of the mixed economy operating on market forces has been transformed by this quiet revolution in a way that is not yet fully appreciated.
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We have come to the end of a chapter in our industrial history. The industrial system to which the Tory Party adheres—at least officially and in its manifestos—has failed us. ... It is no use blaming working people or the unions if they have to work in ancient factories with obsolete equipment producing old-fashioned goods at unecomonic prices and earning low wages as well. Working people not only are not responsible for the weakness of British manufacturing industry. They have hitherto been denied the tools and tackle that they needed to put it right. ... We have got to make a fresh start now. We have got to get investment up, and to get it up as soon as we can. If the market economy cannot or will not give us that investment, we must do it direct.
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