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
"The lady's not for turning."
"I do not believe in failure. I believe in success."
"The British people want to be free to make their own choices, to take their own risks, and to reap their own rewards."
"There are still people who believe that the state should provide everything. They are wrong. The state provides nothing. It only distributes what others produce."
"Discipline. That's the one thing that I've always thought is the most important thing."
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.