North Sea oil could be a mask which conceals the decline of our economy. Don't think it will necessarily solve our problems. Britain was in a process… - Tony Benn

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Engraved portrait of Tony Benn, facing left

North Sea oil could be a mask which conceals the decline of our economy. Don't think it will necessarily solve our problems. Britain was in a process of de-industrialization and it was essential that the revenue from oil should be used for reinvestment in industry. I have seen industry after industry in this country upon which our living standards rest going down because of the lack of investment. I have seen it in shipbuilding, aircraft, machine tools, the motor industry, motor cycles and electronics. Public investment and ownership were critical parts of the recovery of a society whose living standards and public service rested upon manufacturers.

English
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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.

Biography information from Wikiquote · Portrait adapted from Wikimedia Commons, Isujosh (CC BY-SA)

Also Known As

Alternative Names: Anthony Neil Wedgwood Benn Viscount Stansgate 2nd Viscount Stansgate

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Additional quotes by Tony Benn

Of course, Mao made his mistakes, because everybody does, but at least he allowed working people to smoke, even in the most trying circumstances, such as when, for one reason or another, they found themselves up before the firing squad.

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But if there is hope, it lies in ordinary working people. When you put it in words it sounds reasonable: it is when you look at the human beings passing you on the pavement that it becomes an act of faith.

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