The "egg" of this show's title is the public sector that the current government
inherited from its predecessors, Labour and Conservative alike--for as Mr. Buckley points out, "Socialism did not cease to grow substantially under Mr. Churchill, Mr. Eden, Mr. Macmillan, or Mr. Heath." Mrs. Thatcher intended to break that chain, and part of Sir Keith's mandate was to denationalize as many industries as he could. This fast-moving and detail-filled conversation touches on the difficulties of getting from here to there, on the economics of the Concorde, on the effect of Britain's having craft unions (as opposed, say, to the industry-wide unions of West Germany). One sample: KJ: "Our biggest problems come in the public sector, and there are big problems. You are lucky in America. You don't have-- Would you like to have our nationalized sector? Would you like to copy that? I do recommend you not hasten to nationalize." WFB: "No, somewhere along the line the seductiveness of nationalization passed America by. The last time a significant historical figure called for broad scale nationalization was in 1948, and Henry Wallace got about three million votes." KJ: "Yes." WFB: "We go in for a thing called regulation, and regulation is a way of nationalizing without having to preoccupy yourself with a balance sheet."
- Hoover ID: Program S0429
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