“We are a capitalist party. We believe in capitalism. When we look at the astonishing material achievements of the West, at our own high and rising physical standard of living, we see these things as the result, not of compulsion or government action or the superior wisdom of a few, but of that system of competition and free enterprise, rewarding success and penalising failure, which enables every individual to participate by his private decisions in shaping the future of his society.”

— Enoch Powell

Speech in Bromsgrove (6 July 1963), quoted in A Nation Not Afraid. The Thinking of Enoch Powell (B. T. Batsford Ltd, 1965), p. 25
1960s

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Enoch Powell 155

British politician 1912–1998

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“When I see the present Socialist Government denouncing capitalism in all its forms, mocking with derision and contempt the tremendous free enterprise capitalist system on which the mighty production of the United States is founded, I cannot help feeling that as a nation we are not acting honourably or even honestly.”

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“Our challenge is to create the kind of economic background which enables private initiative and private enterprise to flourish for the benefit of the consumer, employee, the pensioner, and society as a whole…I believe we should judge people on merit and not on background. I believe the person who is prepared to work hardest should get the greatest rewards and keep them after tax. That we should back the workers and not the shirkers: that it is not only permissible but praiseworthy to want to benefit your own family by your own efforts”

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“We live in a system described in obsolete terms. We have come to believe our own repeated declarations that our society is based on individual initiative – whereas, in fact, most of it is no more individual than an infantry division. We assume that our economic system is based on “private property.” Yet most industrial property is is no more private than a seat in a subway train, and indeed it is questionable whether much of it can be called “property” at all. We indignantly deny that we are collectivist, yet it is demonstrable that more than two-thirds of our enterprise is possible only because it is collectivist: what is really meant is that the State did not do the collectivizing.”

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“The more a man is successful in getting out (or coming out) from his own individuality, of his egoist self, and to control (or dominate) the instincts of his physical nature, the more his character, by rising above material contingencies, widen, become free and independent.”

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“We must now try to sum up, to draw together the threads of what has been said above on the subject of imperialism. Imperialism emerged as the development and direct continuation of the fundamental characteristics of capitalism in general. But capitalism only became capitalist imperialism at a definite and very high stage of its development, when certain of its fundamental characteristics began to change into their opposites, when the features of the epoch of transition from capitalism to a higher social and economic system had taken shape and revealed themselves in all spheres. Economically, the main thing in this process is the displacement of capitalist free competition by capitalist monopoly.”

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“If you want my opinion, some of the noise is generated by people who are not happy with the agenda that I have, over the last few weeks, tried to advance, of ensuring that we achieve a Brexit which is focused on protecting our economy, protecting our jobs and making sure that we can have continued rising living standards in the future.”

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Chancellor Philip Hammond hits back over public pay leaks https://www.bbc.co.uk/news/uk-politics-40623343, BBC News, 16 July 2017
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“We believe in a democratic society by governments freely and periodically elected by the people… We believe, in the virtue of hard work and that those who work harder in society should be given greater rewards… We believe that the world does not owe us a living and that we have to earn our keep.”

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Adapted from speech by S Rajaratnam, Minister for Foreign Affairs, at a dinner in honour of His Excellency Mr. Hans Dietrich Genscher, Minister for Foreign Affairs.
20 April 1977.

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Enoch Powell 155

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