The Socialists tell us that there are massive profits in a particular industry and they should not go to the shareholders—but that the public should … - Margaret Thatcher
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The Socialists tell us that there are massive profits in a particular industry and they should not go to the shareholders—but that the public should reap the benefits. Benefits? What benefits? When you take into public ownership a profitable industry, the profits soon disappear. The goose that laid the golden eggs goes broody. State geese are not great layers. The steel industry was nationalised some years ago in the public interest—yet the only interest now left to the public is in witnessing the depressing spectacle of their money going down the drain at a rate of a million pounds a day.
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.
Biography information from
Wikiquote·
Portrait adapted from
Wikimedia Commons, Rob Bogaerts (Public domain / CC0)
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
One of the effects of the rapid spread of higher education has been to equip people to criticise and question almost everything. Some of them seem to have stopped there instead of going on to the next stage which is to arrive at new beliefs or to reaffirm old ones. You will perhaps remember seeing in the press the report that the student leader Daniel Cohn-Bendit has been awarded a degree on the result of his past work. His examiners said that he had posed a series of most intelligent questions. Significant? I would have been happier had he also found a series of intelligent answers.
Look at a day when you are supremely satisfied at the end. It’s not a day when you lounge around doing nothing; it’s when you’ve had everything to do, and you’ve done it
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The habit of ubiquitous interventionism, combining pinprick strikes by precision weapons with pious invocations of high principle, would lead us into endless difficulties. Interventions must be limited in number and overwhelming in their impact.
