Conservatives and the free market

Whilst going through some articles today I found the following quote from Anthony Eden at the 1947 Conservative Party conference on what the Consevatives stand for:

We are not a Party of unbridled, brutal capitalism and never have been. Although we believe in personal responsibility and personal initiative in business, we are not the political children of the laissez-faire school. We opposed them decade after decade.
Where did the Tories stand when the greed and squalor of the industrial revolution were darkening the land? I am content with Keir Hardie's testimony: "As a matter of hard dry fact, from which there can be no getting away, there is more labour legislation standing to the credit account of the Conservative Party on the Statute Book than there is to that of their opponents."

I don't think any further need be said.