"“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."
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Prime Ministers of the United KingdomPoliticians from EnglandPeople from LondonConservative Party (UK) politiciansEpiscopalians
Original Language: English
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'Foreword' (June 1977), Patrick Hutber (ed.), What's Wrong with Britain? (Sphere, 1978), p. 8
https://en.wikiquote.org/wiki/Alec_Douglas-Home
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Alec Douglas-Home
Alexander Frederick Douglas-Home, Baron Home of the Hirsel (2 July 1903 – 9 October 1995) was a British Conservative politician who served one year as Prime Minister after renouncing his hereditary peerage and gaining re-election to the House of Commons. Long service in the governments of the 1950s (including as Foreign Secretary, July 1960–October 1963) led to his emergence as a compromise candidate in the feverish negotiations of 1963, but he narrowly failed to rebuild the Conservatives' popul
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