For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations, on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date.
The failure of Socialism since 1945 is that whilst encouraging us all, the creators of wealth, to produce less through strikes, it has caused us all to demand a higher level of our own product.
Well the way I ended up with my own record is that I did this concert at Wesleyan University. It was just one night and we had no thought of making a record.

