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.
New technology is the true friend of full employment; the indispensable ally of progress; and the surest guarantee of prosperity.
Business success isn't just a selfish aim. Profits spread beyond those who make them and bring jobs and prosperity.
We need a free economy not only for the renewed material prosperity it will bring, but because it is indispensable to individual freedom, human dignity and to a more just, more honest society.
I pay tribute to John Major's achievement in persuading the other 11 Community Heads of Government that they could move ahead to a Social Chapter but not within the treaty and without Britain's participation. It sets a vital precedent. For an enlarged Community can only function if we build in flexibility of that kind... John Major deserves high praise for ensuring at Maastricht that we would not have either a Single Currency or the absurd provisions of the Social Chapter forced upon us: our industry, workforce, and national prosperity will benefit as a result.
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