“When laissez-faire creates instability, the move to a freer market can be something less than pure gain.”

Source: The Economic Illusion (1984), Chapter 2, Capital, p. 85

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Robert Kuttner 23
American journalist 1943

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Context: The future lies between hon. Members opposite and ourselves. We are not afraid on this side of the House of social reform. Members of our party were fighting for the working classes when Members or the ancestors of Members opposite were shackled with laissez faire. Disraeli was advocating combination among agricultural labourers years before the agricultural labourer had the vote, and when he first began to preach the necessity of sanitation in the crowded centres of this country, the Liberal party called it a "policy of sewage." We stand on three basic principles, as we have done for two generations past—the maintenance of the institutions of our country, the preservation and the development of our Empire, and the improvement of the conditions of our own people; and we adapt those principles to the changing needs of each generation. Do my Friends behind me look like a beaten army? We shall be ready to take up the challenge from any party whenever it be issued, wherever it is issued and by whomsoever it be thrown down.

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