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

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The...philosophical reason for which we are against nationalisation 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.

Biography information from Wikiquote

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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Shorter versions of this quote

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.

Additional quotes by Margaret Thatcher

I had great regard for the Victorians for many reasons. ... I never felt uneasy about praising 'Victorian values' or – the phrase I originally used – ‘Victorian virtues’ ... [T]hey distinguished between the 'deserving' and the 'undeserving poor'. Both groups should be given help; but it must be help of very different kinds if public spending is not just going to reinforce the dependency culture. The problem with our welfare state was that...we had failed to remember that distinction and so we provided the same 'help' to those who had genuinely fallen into difficulties and needed some support till they could get out of them, as to those who had simply lost the will or habit of work and self-improvement. The purpose of help must not be to allow people to live a half-life, but to restore their self-discipline and through that their self-esteem.

The truths of the Judaic-Christian tradition, are infinitely precious, not only, as I believe, because they are true, but also because they provide the moral impulse which alone can lead to that peace, in the true meaning of the word, for which we all long. . . . There is little hope for democracy if the hearts of men and women in democratic societies cannot be touched by a call to something greater than themselves.

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