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

" "
Engraved portrait of Margaret Thatcher, facing right

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.

English
Collect this quote

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 · Portrait adapted from Wikimedia Commons, Rob Bogaerts (Public domain / CC0)

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

Share this quote as an image

Customize card

Enhance Your Quote Experience

Enjoy ad-free browsing, unlimited collections, and advanced search features with Premium.

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

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 proclaim with confidence that Britain can get right back into the world competitive race if only we can break free of the collective chains which hold us back. Unlike the socialists, who trust the state, we trust the people. That is why we are the party of freedom.

I often wished that...Christians themselves would take closer note of the Jewish emphasis on self-help and acceptance of personal responsibility. On top of all that, the political and economic construction of Israel against huge odds and bitter adversaries is one of the heroic sagas of our age. They really made 'the desert bloom'. I only wished that Israeli emphasis on the human rights of the Russian refuseniks was matched by proper appreciation of the plight of landless and stateless Palestinians.

Loading...