Unless we change our ways and our direction, our greatness as a nation will soon be a footnote in the history books, a distant memory of an offshore island, lost in the mist of time like Camelot, remembered kindly for its noble past.
Communism produces neither dignity nor prosperity. It takes all power away from the people and places it in the hands of a self-appointed elite. And because it distorts and manipulates the distinctive talents of individuals rather than letting those talents flourish, it prevents progress and prosperity.
If a Tory does not believe that private property is one of the main bulwarks of individual freedom, then he had better become a socialist and have done with it.
My belief in free competitive economic enterprise does not rest solely or even mainly on arguments of economic efficiency, though, heaven knows, these are cogent enough. It rests essentially on the view that the free market is the only safe way of ensuring that productive effort is directed towards supplying what individuals actually want, and in a way which secures the dignity and independence of the worker.
The real case against socialism is not its economic inefficiency, though on all sides there is evidence of that. Much more fundamental is its basic immorality.
From my experience let me say this: in today's world it is no bad thing for a politician to have had the benefit of a scientific background. And not only politicians. Those who work in industry, in commerce, in investment. Indeed, so important has it become that I believe we are right to make science a compulsory subject for all schoolchildren.
The Russians are bent on world dominance, and they are rapidly acquiring the means to become the most powerful imperial nation the world has seen. The men in the Soviet Politburo do not have to worry about the ebb and flow of public opinion. They put guns before butter, while we put just about everything before guns.