Word: crosland
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...Crosland. A hard-minded British socialist hits out at fossilized economic thinking not only in his Tory enemies but by wel fare-state dogmatists in his own party...
...Crosland admitted that entering the Market would diminish Britain's ties with the Commonwealth. However, he contended that it was "morally right" for these ties to be reduced. Besides, trade between Britain and the Commonwealth nations would gradually decline regardless of whether Britain joins Europe...
Entry would also cause the internationalization of the pound sterling, Crosland continued. This would free Britain from the exclusive duty of maintaining the pound, a task which he called "the major factor inhibiting the economy in Britain since...
...political significance of entering the Market, Crosland said British membership would prevent the formation of a dangerous alliance between France and West Germany. Unless it is barred by British entry into the Market, the French-German alliance will lead to a "disastrous weakening of the hope of the West," he declared...
Disagreeing sharply with Labor Party leader Hugh Gaitskill, Crosland maintained that entering the Common Market would involve no loss of British sovereignty. On major issues, he pointed out, sovereignty could only be lost through force which other Common Market nations would not conceivably apply...