10 per cent inflation is not heaven and the factors are all still there to push it up much further next year. Nor has the Government any policy adequate to deal with unemployment. It is not capitalism that is in crisis. It is Socialism that is in collapse. The faith has vanished. The principles are shattered. It won't do for Liberals merely to say they will put on the brakes. Even if you slow down the Gadarene swine, they will go over the precipice eventually.
Jo GrimondRelated topics
cent collapse crisis deal faith government heaven inflation next nor per policy precipice push say slow socialism swine year capitalism brakes unemploymentRelated quotes
[A]s things now stand, the case that capitalism will make the world - not just the West - materially better off has simply not been convincingly demonstrated. Indeed, with almost 70 per cent of the world's people experiencing a decline in their real incomes in recent years, the opposite appears to be true. The wanton celebration of market capitalism while so many people throughout the world are lacking basic food and shelter seems, if not downright vulgar, at least a little insensitive.
Linda McQuaig
Take cases like Golder's Green and other cases of a similar kind where the value of land has gone up in the course, perhaps, of a couple of years through a new tramway or a new railway being opened. ... A few years ago there was a plot of land there which was sold at £160. Last year I went and opened a tube railway there. What was the result? This year that very piece of land has been sold for £2,100-£160 before the railway was opened-before I was there-£2,100 now. My Budget demands 20 per cent. of that.
David Lloyd George
Ten per cent of our neighbours survive on charity. 10 per cent of Canadians eat through charity. 10 per cent. Surely if you were prime minister or minister of trade or of industry, you would wake up each day thinking that, for reasons that escape you, the central policy chosen to drive the economy is not working. It is not working because it is not meeting the needs of a democracy in which legitimacy lies with the citizenry.
John Ralston Saul
[S]ocialism has never been a particularly stable or coherent program, a point I made in these pages in 2010. It has always been best defined as whatever socialists want it to be at any given moment. That is because its chief utility is as a romantic indictment of the capitalist status quo. As many of the defenders of the new socialist craze admit, socialism is the off-the-shelf alternative to capitalism, which has been in bad odor since at least the financial crisis of 2008.
Jonah Goldberg
No theory of government was ever given a fairer test or a more prolonged experiment in a democratic country than democratic socialism received in Britain. Yet it was a miserable failure in every respect. Far from reversing the slow relative decline of Britain vis-à-vis its main industrial competitors, it accelerated it. We fell further behind them, until by 1979 we were widely dismissed as 'the sick man of Europe'. ... To cure the British disease with socialism was like trying to cure leukaemia with leeches.
Margaret Thatcher
