Profits, wages and salaries are still determined not by any conditions of national interest or social justice, but by the traditional methods of lais… - Richard Crossman
" "Profits, wages and salaries are still determined not by any conditions of national interest or social justice, but by the traditional methods of laisser-faire. Under conditions of full employment, this must result in a continuous inflationary pressure, which undermines the real value of social security and small savings, as well as making our products less competitive in foreign markets and so jeopardising our capacity to maintain the standard of living.
About Richard Crossman
Richard Howard Stafford Crossman (15 December 1907 – 5 April 1974), was a British Labour Party politician. A university classics lecturer by profession, he was elected a Member of Parliament in 1945 and became a Bevanite on the left of the party, and a long-serving member of Labour's National Executive Committee (NEC) from 1952. He was a Cabinet minister in Harold Wilson's governments of 1964–1970, first for Housing, then as Leader of the House of Commons, and then for Social Services. In the early 1970s he was editor of the New Statesman. Crossman was a significant figure among the party's advocates of Zionism. Crossman is remembered for his highly revealing three-volume Diaries of a Cabinet Minister, published posthumously.
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