They have a duty either to say to the country, "We propose to continue with inflation at its present level and to maintain or 'contain' it at that le… - Enoch Powell

[T]o the extent that collective bargaining does succeed in distorting costs, it must rank among the obstacles to improvement in the standard of living of the British worker; and the more effective it is, the greater the obstacle. The British industrial worker today works longer hours for less real wages than his counterpart in West Germany, and that will soon be true, if it is not already, of his counterparts in a number of other European countries. This is not because the British trade unions are not strong enough, any more than it is because the monopolies and restrictive practices among buyers and sellers of goods and services are not tight enough. It is because industrial effort is being more efficiently used elsewhere than here. This is what gives the immediacy and urgency to this whole question of the trade unions. The people of this country cannot afford to allow themselves the luxury of practices and habits, however encrusted with sentiment and benevolent superstition, which place obstacles in the way of more efficient use of our resources.

The prospect of a Russian conquest of Western Europe is one for which history affords no material. The theory that the Russians have not advanced from the Elbe to the Atlantic because of the nuclear deterrent is not more convincing than the theory that they have not done so because they do not want to do so and have never envisaged, unless perhaps in terms of world revolution, a Russian hegemony in Western Europe... Of all the nations of Europe, Britain and Russia are the only ones, though for opposite reasons, which have this thing in common: that they can be defeated in the decisive land battle and still survive. This characteristic, which Russia owes to her immensity, Britain owes to her moat.

If identical goods were being produced at widely differing efficiency in different parts of the United Kingdom or if the United Kingdom and Germany, or Japan, or the United States, were part of a single unit with a single currency, then of course the less efficient producers would be knocked out. That is why Germany is so keen for Britain to go into the European Monetary System, so that it can wipe out the British industries which it is in competition.