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Tony Benn

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Anyone from abroad will tell you that it is the class system that really lies at the root of our problems, economic and industrial. The House of Lords symbolises that.
--
As quoted in Yorkshire Post (22 November 1976)

 
Tony Benn

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We still think and talk of the basic problems of an industrial society as problems that can be solved by changing the system, that is the superstructure of political organization. Yet the real problems lie within the [industrial] enterprise. ...our representative institution... a mirror in which we look when we want to see ourselves.

 
Peter F. Drucker
 

It is quite clear from what has been said and written that, time after time after time, there has been a conspiracy between the Conservative Front Bench in this House and the inbuilt Conservative majority in the House of Lords to defeat legislation that has passed through the House of Commons...I warn the House of Lords of the consequences...it is our strong view that the House of Lords should recall that its role is not that of a wrecking chamber, but of a revising chamber. In recent weeks, it has been wrecking legislation passed by this House.

 
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The dilemma of a socialized system is that the information flow overwhelms a centralized system if it is open to new ideas and data, that closing the system and forcing the plan to work forecloses alternatives and risks unhedged mistakes, and that decentralizing without real markets poses the problems discussed by Hayek. These information problems permeate virtually all economic processes.

 
Friedrich Hayek
 

Kelvil: May I ask, Lord Illingworth, if you regard the House of Lords as a better institution than the House of Commons?
Lord Illingworth: A much better institution of course. We in the House of Lords are never in touch with public opinion. That makes us a civilised body.

 
Oscar Wilde
 

Economic problems have no sharp edges. They shade off imperceptibly into politics, sociology, and ethics. Indeed, it is hardly an exaggeration to say that the ultimate answer to every economic problem lies in some other field.

 
Kenneth Boulding
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