In politics, guts is all.

You see, another reason for nationalization was that private ownership meant fragmentation.

What we set out to do was to ensure that this system of fair shares and the planning and controls continued after the war, and when we won, that's what we did.

Those were the ideals that drove us to nationalization of the health service.

That was not what men and women fought for during the war.

It might have been offset for us if the revenue from our own oil and natural gas that was just developing had been available to the Labor Government, but the oil revenues were just coming in when Labor fell in '79.