“Wealth has to be created before it can be shared.” Starting from there, the emphasis is placed firmly on creating the political and economic climate… - Alec Douglas-Home

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“Wealth has to be created before it can be shared.” Starting from there, the emphasis is placed firmly on creating the political and economic climate where the men with the ideas and the men with the capital are given a chance to do so. Circumstances may have made the ownership of some industries by the State inevitable, but the unanimous verdict is that bureaucracy cramps, cripples and confines. That is no good for Britain. One sentence is devastating. “Socialised industries tend to produce inferior products at high prices by dissatisfied workers.” That is too near the truth for our comfort.