Able Quote by Tony Benn
“It is government policy to phase out subsidies to nationalised industries. In line with this, the government hopes that the coal industry will be able to operate without the need for assistance apart from social grants.”
About This Quote
Source Speech: House of Commons debate, 1975
The government plans to end subsidies for state‑run sectors, expecting them to survive without aid aside from welfare.
In simple terms: Ending subsidies forces industries to be self‑sufficient.
Key Takeaway
Plan for independence, monitor social impact.
Themes
economics
policy
subsidies
industry
social welfare
Mood
cautious
analytical
Type
political
economic
When to use this quote
- budget planning
- industry restructuring
- social grant evaluation
Key Concepts
market liberalisation
state intervention
economic sustainability
Questions to Reflect On
- Can self‑sufficiency be achieved without harming workers?
- What alternatives exist for vulnerable communities?
A Different Perspective
Transition may cause short‑term job losses.
