Margaret Thatcher — "It is not the business of government to nationalize industries. It is the busine…"
It is not the business of government to nationalize industries. It is the business of government to keep industries competitive.
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More from Margaret Thatcher
"Freedom under the law is the most precious thing we have."
"Standing in the middle of the road is very dangerous; you get knocked down by the traffic from both sides."
"I do not believe in the politics of envy."
"I can sometimes be a bit of a tartar, but I have a soft core."
"The government has no source of money other than the money people earn themselves. If government wants to spend more, it can only do so by borrowing your savings or by taxing you more. And it's no goo…"
About Margaret Thatcher (1925-2013)
British Prime Minister (1979-1990) whose free-market reforms and confrontation with trade unions defined the late-20th-century right. Closely associated with Ronald Reagan (her closest international ally). For an intellectual contrast, see Tony Benn, Labour cabinet minister and democratic-socialist figurehead — Benn was the loudest parliamentary opposition to Thatcherism throughout the 1980s. His diaries and Thatcher's autobiography are the two opposing histories of the period — Britain's class politics is structured around which view was right.