Successful entrepreneurship is ultimately a matter of flair. But there is also a fund of practical knowledge to be acquired and, of course, the right legal and financial framework has to be provided for productive enterprise to develop.
If you have a sense of purpose and a sense of direction, I believe people will follow you. Democracy isn't just about deducing what the people want. Democracy is leading the people as well.
When we hear (as we sometimes do) that (Russia's) economic output is about half the level of a decade ago or that real incomes have fallen sharply, it is worth recalling that economic statistics under the Soviet Union were hardly more reliable than any other official statements. Moreover, a country that produces what no one wants to buy, and whose workers receive wages that they cannot use to buy goods they want, is hardly in the best of economic health.
The habit of ubiquitous interventionism, combining pinprick strikes by precision weapons with pious invocations of high principle, would lead us into endless difficulties. Interventions must be limited in number and overwhelming in their impact.
There are forces more powerful and pervasive than the apparatus of war. You may chain a man, but you cannot chain his mind. You may enslave him, but you will not conquer his spirit. In every decade since the war Soviet leaders have been reminded that their pitiless ideology only survives because it is maintained by force. But the day will come when the anger and frustration of the people is so great that force cannot contain it. Then the edifice cracks; the mortar crumbles; one day, liberty will dawn on the other side of the wall.
Every Conservative desires peace. The threat to peace comes from Communism which has powerful forces ready to attack anywhere. Communism waits for weakness, it leaves strength alone. Britain must therefore be strong, strong in her arms, strong in her faith, strong in her own way of life.
There are significant differences between the American and European version of capitalism. The American traditiionally emphasizes the need for limited government, light regulations, low taxes and maximum labour-market flexibility. Its success has been shown above all in the ability to create new jobs, in which it is consistently more successful than Europe.
I hope we shall see more ande more women combining marriage and a career. Prejudice against this dual role is not confined to men. I regret to say, it comes from our own sex.