Margaret Thatcher Quotes

Socialist governments traditionally do make a financial mess. They always run out of other people's money. It's quite a characteristic of them.

Of course, socialism is just evil now. It's completely discredited supposedly by the collapse of the Soviet Union, but I can't help noticing that my grandchildren are heavily in hock to Communist China now which is evidently a whole lot better at business than we are.

In Europe, Socialism is just another political party. It just means that government takes over certain things like hospitals, prisons, military and schools that should not be run for profit.

Under communism (socialism), there is no incentive to supply people with anything they need or want, including safety.

Socialism has been an abject failure across the face of the globe, millions have suffered under socialism, and yet we're not doing an effective job communicating that.

What happened under communism - and increasingly, is happening in America, as Joseph Sobran put it: 'Need' now means wanting someone else's money. 'Greed' means wanting to keep your own. 'Compassion' is when a politician arranges the transfer.'

Socialism constitutes a threat to the present and future welfare of the human race, in the sense that neither socialism nor any other known substitute for the market order could sustain the current population of the world.

The real case against socialism is not its economic inefficiency, though on all sides there is evidence of that. Much more fundamental is its basic immorality.

The economic disasters of socialism and communism come from assuming a blanket superiority of those who want to run a whole economy.

Socialism is an insurance policy bought by all the members of a national economy to shield them from risk. But the result is to shield them from knowledge of the real dangers and opportunities.

It doesn't require expropriation or confiscation of private property or business to impose socialism on a people. What does it mean whether you hold the deed or the title to your business or property if the government holds the power of life and death over that business or property?

Contrary to what many skeptics had earlier believed, the Soviet economy is proof that a socialist command economy can function and even thrive.

Margaret Thatcher said,you know the problem with socialism is that eventually it will run out of other people's money. And she was absolutely right.

If "socialism" is defined as "ownership of the means of production"--and this is both the orthodox and the only rigorous definition--then the United States is the first truly Socialist country.

Modern society is hypnotized by socialism. It is prevented by socialism from seeing the mortal danger it is in. And one of the greatest dangers of all is that you have lost all sense of danger, you cannot even see where it's coming from as it moves swiftly towards you.

There isn't much in the way of pure communist spirit, because the whole nation seems to be engaged in capitalistic enterprises. Much of the country still operates under government control.

If you want government to take everything, if you want government to take more and more over with the banks, more of the industries, all of a sudden you're going to have a government auto czar, right there, right down the line, that's socialism.

Socialism is communism without the firing squad.

No less than 50 percent of the means of production must be in the hands of the state.

Socialism can also practice market economy.

When Government has a monopoly of all production and all distribution, as many Governments have, it can not permit any economic activity that competes with it.

Socialism is a return to primitive conditions.

Socialism is a wonderful form of government until you run out of other people’s money.

Ownership of the means of production was an obsession to be abandoned. What mattered was the state’s control over the economy.

I define socialism as the government controlling the means of production. I don't think the answer to some of the big vesting problems we have in this country are to solve them entirely with a government-only solution.