The philosophical reason for which we are against nationalization and for private enterprise is because we believe that economic progress comes from … - Margaret Thatcher

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The philosophical reason for which we are against nationalization and for private enterprise is because we believe that economic progress comes from the inventiveness, ability, determination and the pioneering spirit of extraordinary men and women. If they cannot exercise that spirit here, they will go away to another free enterprise country which will then make more economic progress than we do. We ought, in fact, to be encouraging small firms and small companies, because the extent to which innovation comes through these companies is tremendous.

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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 Margaret Hilda Thatcher Margaret Roberts Maggie Thatcher Baroness Margaret Thatcher Lady Thatcher Mrs. Thatcher Mrs. T Baroness Thatcher of Kesteven
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We believe that economic progress comes from the inventiveness, ability, determination and the pioneering spirit of extraordinary men and women. If they cannot exercise that spirit here, they will go away to another free enterprise country which will then make more economic progress than we do.

Additional quotes by Margaret Thatcher

If my critics saw me walking over the Thames they would say it was because I couldn't swim.

Freedom will destroy itself if it is not exercised within some sort of moral framework, some body of shared beliefs, some spiritual heritage transmitted through the Church, the family, and the school.

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Peace is not bought cheaply. It cannot be won without cost. The cost of Britain's defence is the price we pay to prevent war. The money for our armed services is truly our “peace tax”. What a cruel irony it is that the word “peace” has been hijacked by those who seek one-sided disarmament. It's ironic because if only one side disarms, the other is far more tempted to aggression. Unilateralism makes war more likely. We who believe in strong defence are the true peace party.

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