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The larger Europe grows, the more diverse must be the forms of co-operation it requires. Instead of a centralised bureaucracy, the model should be a … - Margaret Thatcher
" "The larger Europe grows, the more diverse must be the forms of co-operation it requires. Instead of a centralised bureaucracy, the model should be a market — not only a market of individuals and companies, but also a market in which the players are governments.
Thus governments would compete with each other for foreign investments, top management and high earners through lower taxes and less regulation.
Such a market would impose a fiscal discipline on governments because they would not want to drive away expertise and business.
It would also help to establish which fiscal and regulatory policies produced the best overall economic results.
No wonder socialists don't like it.
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About Margaret Thatcher
Margaret Hilda Thatcher, Baroness Thatcher (13 October 1925 – 8 April 2013) was a British politician and stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the first female British prime minister and the longest-serving British prime minister of the 20th century. As prime minister, she implemented neoliberal economic policies of deregulation and privatization that became known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style.
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Also Known As
Birth Name:
Margaret Hilda Roberts
Alternative Names:
Baroness Thatcher
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Margaret Hilda Thatcher
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Margaret Roberts
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Maggie Thatcher
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Baroness Margaret Thatcher
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Lady Thatcher
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Mrs. Thatcher
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Mrs. T
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Baroness Thatcher of Kesteven
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Additional quotes by Margaret Thatcher
I find that the conservatism which I follow does have some things in common with what Professor Hayek was preaching and also has some things in common with what you called old-fashioned Liberals. Let me just quote one, to whom I am devoted, John Stuart Mill on liberty. “A nation that dwarfs its citizens will find that with small men it can accomplish no great thing.” Is that not what I have been saying? Yes, it is partly perhaps old-fashioned liberalism...my pride that it has something in common with that...but that also has something in common with my belief that really nations are there to try to help people to bring out the best talents and abilities and initiatives in themselves and that, I think, is conserving the best in human nature and trying to change the rest, but trying to change it through the character of men and women.
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We had to make certain that violence and intimidation and impossible demands could not win. There would have been neither freedom nor order in Britain if we had given in to violence. There would have been no hope for any prosperous industry if people had gone on strike, really, for bigger and bigger subsidies from the tax-payers, because in the end it is the tax-payers who pay these subsidies. So that is over.
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