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Lawrence W. Reed

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Thatcher.jpg

Thatcher on Socialism

September 18, 2018

“Increasingly, inexorably, the State the Socialists have created is becoming more random in the economic and social justice it seeks to dispense, more suffocating in its effect on human aspirations and initiative, more politically selective in its defense of the rights of its citizens, more gargantuan in its appetite—and more disastrously incompetent in its performance. Above all, it poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can't have one without the other. You can't lose one without losing the other” — Margaret Thatcher in her March 20, 1976 speech, The Historic Choice.

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