From National Review, Lion to the Last by Larry Arnn:
Churchill agreed with the socialists, partially, on one issue: He helped invent the social safety net. But he looked for ways to implement it without threatening the free-market system, the liberal nature of the society, the advantage of labor over idleness, and the security of property. Churchill’s social safety net relied chiefly on contributions from the beneficiaries and their employers, who paid money into accounts that they could track. Benefits were limited so as not to undercut work or break the treasury. Understanding that human life would always be imperfect as long as it remained human, he did not preach or attempt utopia. The trials of living, raising a family, and following one’s conscience were essential attributes of a fully human life. Churchill believed that if these activities were socialized, life would fall under dehumanizing tyranny, like Hitler’s Germany and Stalin’s Russia.
He balanced these decisions — often between being popular or speaking truth, for allying with socialists during the war and fighting against them in his campaign, for changing political parties twice in his career — all with the artfulness of action called statesmanship. It required gifts “much rarer than the largest and purest of diamonds,” he said. He believed statesmanship is natural, rare, and necessary; it involves the elevation of capacities inherent in human beings and required for high citizenship. All of us must choose. All of us have ultimate purpose and principles that drive what we do, and all of us face necessities that cut in different directions from each other and from our principles.
The classics teach us that this art of choosing involves an intellectual virtue, prudence, and is best learned by studying those who have the reputation for excellence at it. Those people tend to be statesmen, because the questions of politics involve so many people, so many ultimate questions, and so much risk and opportunity. This is why we study Churchill closely.