“[The Conservatives' Industry Act contains] the most comprehensive armoury of government control that has ever been assembled for use over private industry, far exceeding all the powers thought necessary by the last Labour government…Heath has performed a very important historical role in preparing for the fundamental and irreversible transfer in the balance of power and wealth which has to take place…The whole nature of the mixed economy operating on market forces has been transformed by this quiet revolution in a way that is not yet fully appreciated.”

—  Tony Benn

'Heath's spadework for socialism', The Sunday Times (25 March 1973), p. 61
1970s

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "[The Conservatives' Industry Act contains] the most comprehensive armoury of government control that has ever been asse…" by Tony Benn?
Tony Benn photo
Tony Benn 69
British Labour Party politician 1925–2014

Related quotes

Louis Brandeis photo

“Ownership has been separated from control; and this separation has removed many of the checks which formerly operated to curb the misuse of wealth and power.”

Louis Brandeis (1856–1941) American Supreme Court Justice

Dissent, Liggett Co. v. Lee, 288 U.S. 517 (1933), at 565-67.
Judicial opinions
Context: Through size, corporations, once merely an efficient tool employed by individuals in the conduct of private business have become an institution-an institution which has brought such concentration of economic power that so-called private corporations are sometimes able to dominate the state. The typical business corporation of the last century, owned by a small group of individuals, managed by their owners, and limited in size by their private wealth, is being supplanted by huge concerns in which the lives of tens or hundreds of thousands of employees and the property of tens of hundreds of thousands of investors are subjected, through the corporate mechanism, to the control of a few men. Ownership has been separated from control; and this separation has removed many of the checks which formerly operated to curb the misuse of wealth and power. And, as ownership of the shares is becoming continually more dispersed, the power which formerly accompanied ownership is becoming increasingly concentrated in the hands of a few... [and] coincident with the growth of these giant corporations, there has occurred a marked concentration of individual wealth; and that the resulting disparity in incomes is a major cause of the existing depression.

Adolf A. Berle photo
Tony Benn photo
Yanni photo

“Of all the forces that are exerted on us over our lifetime, at least for me, love has been the most powerful of all.”

Yanni (1954) Greek pianist, keyboardist, composer, and music producer

Yanni in Words. Miramax Books. Co-author David Rensin

Peter D. Schiff photo
Friedrich Engels photo
Eugene V. Debs photo

“The class which has the power to rob upon a large scale has also the power to control the government and legalize their robbery.”

Eugene V. Debs (1855–1926) American labor and political leader

in Debs (1971), p. 75

Margaret Chan photo

“I want to remind governments in every country of the range and force of counter-tactics used by the tobacco industry – an industry that has much money and no qualms about using it in the most devious ways imaginable.”

Margaret Chan (1947) Director-General of the World Health Organization

At the launch of the WHO Report on the global tobacco epidemic. Source: Tobacco industry interference: a global brief http://apps.who.int/iris/bitstream/10665/70894/1/WHO_NMH_TFI_12.1_eng.pdf, World Health Organization, 2008, page 6.

Harold Innis photo

Related topics