The state has no source of money other than the money people earn themselves. If the state wishes to spend more it can only do so by borrowing your savings or by taxing you more.
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"I wasn't lucky. I deserved it."
"I was told I would never get into the House of Commons. I was told I would never get into the Cabinet. I was told I would never be Leader of the Opposition. And I was told I would never be Prime Minis…"
"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."
"I am not prepared to sit by and see this country slide into the socialist abyss."
"The British people have spoken. They said, 'No.'"
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.
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