Socialists then shift the ground for taking industries into “public ownership”. They then tell us that some industries cannot survive any longer unle… - Margaret Thatcher

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Socialists then shift the ground for taking industries into “public ownership”. They then tell us that some industries cannot survive any longer unless they are taken into public ownership, allegedly to protect the public from the effects of their collapse. It all sounds so cosy, and so democratic. But is it true? No, of course it isn't. The moment ownership passes into the name of the public is the moment the public ceases to have any ownership or accountability, and often the moment when it ceases to get what it wants. But it is invariably the moment when the public starts to pay. Pays to take the industry over. Pays the losses by higher taxes. Pays for inefficiencies in higher prices.

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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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Additional quotes by Margaret Thatcher

[M]ore than they wanted freedom, the Athenians wanted security. Yet they lost everything—security, comfort, and freedom. This was because they wanted not to give to society, but for society to give to them. The freedom they were seeking was freedom from responsibility. It is no wonder, then, that they ceased to be free. In the modern world, we should recall the Athenians' dire fate whenever we confront demands for increased state paternalism.

Being powerfull is like being a lady. If you have to tell people that you are, you aren't

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