Liz Truss Quotes
We are fighting a Labour Party whose avowed enemy is capitalist bosses, whose instinct is to see income as a common pool resource, and whose leading figures find profit morally repugnant.
Cole, Harry, and James Heale. Out of the Blue: The Inside Story of the Unexpected Rise and Rapid Fall of Liz Truss. HarperCollins, 2022.
The king had his first meeting with the new Prime Minister:
Socialism in its then pure form had the state owning and controlling all the major assets of the nation. In this sense it was contradictory to individual freedom and hence democracy. However, in the years after Tocqueville’s quotation and the industrial revolution, socialism has gradually moved away from state ownership and operations of all institutions and resources. Democracy has tended to adopt a more regulatory view to control the excesses of unbridled capitalism. The range of democratic nations by the 21st century encompassed differences but some were described as “social democracies” and had some state ownership but were basically capitalistic economies. Even the self-described Communist nations had become heavily capitalistic albeit with less political freedom. At the same time, even the United States—the epitome of 21st century capitalism, owned and controlled a few of the resources and means of production and tended to regulate the others—a substantial difference from the American democracy which Tocqueville studied.
Elizabeth Mary Truss, known as Liz Truss, is a British politician serving as Secretary of State for International Trade and President of the Board of Trade since July 2019 and Minister for Women and Equalities since September 2019. A member of the Conservative Party, she has served as Member of Parliament (MP) for South West Norfolk since 2010. Truss was Environment Secretary from 2014 to 2016, Justice Secretary and Lord Chancellor from 2016 to 2017 and Chief Secretary to the Treasury from 2017 to 2019.
