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Margaret Thatcher on Socialism by BlameThe1st Margaret Thatcher on Socialism by BlameThe1st
“Looking Ahead: The Next Ten Years”
from “Speech to Conservative Central Council” by Margaret Thatcher (1986)


There has been the odd report recently that Thatcherism has run its course, and is on its way out.

As an informed source close to Downing Street, I have to report that those reports are eyewash. We're only just beginning.

We've barely got past the stage of excavation, let alone of topping out!

You may feel that the first seven years of Conservative Government have produced some benefits for Britain.

And so they have.

But the next seven are going to produce more—many more.

And the next seven after that, more still.

Let me tell you why.

Conservatism is not some abstract theory.

It's a crusade to put power in the hands of ordinary people.

And a very popular crusade it is proving. Tenants are jumping at the opportunity to buy their own council houses.

Workers are jumping at the opportunity to buy shares in their own privatised companies.

Trade unionists are jumping at the opportunity, which the ballot box now gives them, to decide "who rules" in their union.

And the rest of Britain is looking on with approval.

For popular capitalism is biting deep.

It used to be Socialists who talked of crusades.

Well, let them launch a new one on the old Socialist lines.

What about a Socialist crusade to rehabilitate that old favourite, the municipal landlord, and to lure home owners back into becoming council tenants?

Or a socialist crusade to re-nationalise Vickers, and take back the workers' shares.

Or a Socialist crusade to abolish bothersome union ballots and get back to the good old days of Big Brother.

After all, these aims are the very heartbeat of Socialism.

But you may have noticed how muted nowadays are the trumpets for such Socialist crusades.

For popular capitalism, which is the economic expression of liberty, is proving a much more attractive means for diffusing power in our society.

Socialists cry "Power to the people", and raise the clenched fist as they say it.

We all know what they really mean—power over people, power to the State.


To us Conservatives, popular capitalism means what it says: power through ownership to the man and woman in the street, given confidently with an open hand.

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About the Speaker (from Wikipedia):

Margaret Hilda Thatcher, Baroness Thatcher, LG, OM, PC, FRS, née Roberts (born 13 October 1925) is a British politician, the longest-serving (1979–1990) Prime Minister of the United Kingdom of the 20th century, and the only woman ever to have held the post. A Soviet journalist nicknamed her the "Iron Lady", which became associated with her uncompromising politics and leadership style. As Prime Minister, she implemented Conservative policies that have come to be known as Thatcherism.

Originally a research chemist before becoming a barrister, Thatcher was elected Member of Parliament (MP) for Finchley in 1959. Edward Heath appointed her Secretary of State for Education and Science in his 1970 government. In 1975 Thatcher defeated Heath in the Conservative Party leadership election and became Leader of the Opposition, as well as the first woman to lead a major political party in the United Kingdom. She became Prime Minister after winning the 1979 general election.

After entering 10 Downing Street, Thatcher introduced a series of political and economic initiatives to reverse what she perceived to be Britain's precipitous national decline.[nb 1] Her political philosophy and economic policies emphasised deregulation (particularly of the financial sector), flexible labour markets, the privatisation of state-owned companies, and reducing the power and influence of trade unions. Thatcher's popularity during her first years in office waned amid recession and high unemployment, until economic recovery and the 1982 Falklands War brought a resurgence of support, resulting in her re-election in 1983.

Thatcher was re-elected for a third term in 1987, but her Community Charge (popularly referred to as "poll tax") was widely unpopular and her views on the European Community were not shared by others in her Cabinet. She resigned as Prime Minister and party leader in November 1990, after Michael Heseltine launched a challenge to her leadership. Thatcher holds a life peerage as Baroness Thatcher, of Kesteven in the County of Lincolnshire, which entitles her to sit in the House of Lords.
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:iconzeonista:
Zeonista Featured By Owner Oct 10, 2014
The Iron Lady had the real public speaker's gift for presenting her views in a succinct and persuasive manner. B-) (Cool) 
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:iconblamethe1st:
BlameThe1st Featured By Owner Oct 10, 2014  Hobbyist General Artist
Which probably made people hate her even more.
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:iconzaragamba:
zaragamba Featured By Owner Sep 4, 2014
I didn't hear the Thatcherites complaining about state socialism when states across the Westernised world bailed out the whole capitalist Ponzi scheme, and the folks who are still suffering through the resulting austerity are the poor and powerless, whilst the few at the top of the pyramid grow ever richer.
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:iconanightlypony:
aNIGHTLYpony Featured By Owner Jul 18, 2014  Student General Artist
And Capitalists cry "Freedom to the people" and smile as they say it, what they really mean is "power and freedom to the Rich by fucking your fellow countrymen in the ass". 

Capitalism and socialism are both equally good/bad, they are 2 wolves fighting for a sheep and that's how they see us, the "vote-cattle". they don't give a shit about us and only care about their own political agenda. 

Whoever truly loves his country, truly cares about the people and  truly wants to make a change NOT only for the benefit of a few : that person has my vote. 
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:iconblamethe1st:
BlameThe1st Featured By Owner Jul 19, 2014  Hobbyist General Artist
Sorry, I don't do false equivillencies. Capitalism has its flaws. Socialism is nothing but flaws.
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:iconanightlypony:
aNIGHTLYpony Featured By Owner Edited Jul 20, 2014  Student General Artist
"False", is a word with a different meaning to all of us since everyone has his or her truth. think about this, America is a capitalist nation and yet they have their problems. but that's what your mummies and daddies tell you : "America is number one. everything but capitalism sucks ass." it captivates your mind man, it's horse-piss. many Americans don't even know the difference between socialism and Communism. 

What really bugs me is that socialism or any other political ideology is viewed upon as "un-american". and then they call the European union a "fascist state". i'd rather be a Socialist than a capitalist, i associate capitalism with War profiteers, unfair distribution of wealth, selfishness and globalism.

Everyone has his or her truth, if you're taking one ideology as the absolute truth it's gonna make you nothing but a tool.
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:iconduke-nidhoggr:
Duke-Nidhoggr Featured By Owner Jul 3, 2014  Hobbyist Traditional Artist
So are you an admirer of Thatcher?
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:iconblamethe1st:
BlameThe1st Featured By Owner Jul 6, 2014  Hobbyist General Artist
Some of the things that she has said, yes. Some of her actions? Not so much.
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:iconduke-nidhoggr:
Duke-Nidhoggr Featured By Owner Jul 6, 2014  Hobbyist Traditional Artist
Which of her actions?
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:iconcochegara:
Cochegara Featured By Owner Oct 7, 2014
Closing of coal mines, for example.
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