Neil Kinnock Quotes
Devolutionary reform will not provide a factory, a machine or jobs, build a school, train a doctor or put a pound on pensions.
Devolution is the decentralization of government. Wales and Scotland were originally countries different from England. They came under the control of a single king but recently have obtained more autonomy—not unlike states in the United States. This reform was opposed by some politicians.
Neil Kinnock, British Labour Party Leader & Member of Parliament, Quoted in South Wales Echo, November 1, 1975
Sourced by: Eigen's Political and Historical Quotations
At the time, the economy was virtually controlled by the banks and others in the finance, as opposed to businesses that produced things or provided non-financial services to consumers and business which was that had prevailed ever since the Great Depression, when New Deal legislation controlled the banks, stock markets, and other facets of the financial industry.
This is a statement that in the early 21st century would be made only by ultra liberals. But in the in the late 1940’s this was not only standard democratic party thinking, but a large number of Republicans thought of the Government as the employer of last resort including their Presidential standard bearer.
In any significant change of public policy including public investments, some will benefit more than others, and some interests will be harmed. Unless the politician is willing to face this reality there will be little or no progress. Bloomberg invested a great deal in improving air quality of the city, but there were some companies who had to pay more to reduce their pollution.
The best examples are Social Security and Medicare.
Neil Gordon Kinnock, Baron Kinnock PC is a British politician. As a member of the Labour Party, he served as a Member of Parliament from 1970 until 1995, first for Bedwellty and then for Islwyn. He was the Leader of the Labour Party and Leader of the Opposition from 1983 until 1992, and Vice-President of the European Commission from 1999 to 2004.