What we have at present is a system of loss socialism. Whatever goes wrong is shouldered by the general public and anything that works is privatised. Worshippers of market freedom have suspended the most important economic principle: Risk and liability go hand in hand.

When one makes a Revolution one cannot mark time one must always go forward - or go back. He who now talks about the 'freedom of the press' goes backward and halts our headlong course towards Socialism.

The failure of Socialism since 1945 is that whilst encouraging us all the creators of wealth to produce less through strikes it has caused us all to demand a higher level of our own product.

They talk about the failure of socialism but where is the success of capitalism in Africa Asia and Latin America?

Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.

Socialism is a philosophy of failure the creed of ignorance and the gospel of envy its inherent virtue is the equal sharing of misery.

To pursue a so-called Third Way is foolish. We had our experience with this in the 1960s when we looked for a socialism with a human face. It did not work and we must be explicit that we are not aiming for a more efficient version of a system that has failed.

Socialism values equality more than liberty.

Democracy and socialism have nothing in common but one word equality. But notice the difference: while democracy seeks equality in liberty socialism seeks equality in restraint and servitude.

I suppose not everyone has a dad who wrote a book saying he didn't believe in the Parliamentary road to socialism.