Think About IT: Margaret Thatcher and the Morality of Capitalism

One of the most interesting aspects of England is that one can visit her and vividly relive the past while concomitantly witnessing America’s future if liberal politicians persist in their socialistic quest and our federalized schools persevere in their ahistorical indoctrination of our citizenry, two endeavors that are inextricably connected. Common sense would note that socialism has greatly contributed to the decline of the British Empire and will have the same effect upon America. Yet, despite the evidence, liberals are unrelenting. They are simply undeterred in their demagogical attacks upon anyone who argues that the present path of increased governmental redistribution of wealth is tyrannically immoral. The following are two cogent quotes from Margret Thatcher.

“[P]opular capitalism is on the march . . . Of course, there will always be people who, in the name of morality, sneer at this and call it “materialism.” But isn’t it moral that people should want to improve the material standard of living of their families, by their own effort? Isn’t it moral that families should work for the means to look after their old folk? Isn’t it moral that people should save, so as to be responsible for themselves? . . . And it is for Government to work with that grain in human nature to strengthen the strand of responsibility and independence–it benefits the family–it benefits the children–it is the essence of freedom.” ((Margaret Thatcher, “Speech to the Scottish Conservative Party Conference” (City Hall, Perth, May 15, 1987), Margaret Thatcher Website, (accessed October 26, 2005).))

“The socialists have been able to persuade themselves and many others that a free economy based on profit embodies and encourages self-interest, which they see as selfish and bad, whereas they claim socialism is based on and nurtures altruism and selflessness. This is baseless nonsense in theory and in practice.

“There is not and cannot possibly be any hard and fast antithesis between self-interest and care for others, for man is a social creature, born into family, clan, community, nation, brought up in mutual dependence. The founders of our religion made this a cornerstone of morality. The admonition: love thy neighbour as thyself, and do as you would be done by, expresses this. You will note that it does not denigrate self, or elevate love of others above it. On the contrary, it sees concern for self and responsibility for self as something to be expected, and asks only that this be extended to others. This embodies the great truth that self-regard is the root of regard for one’s fellows . . .” ((Margaret Thatcher, “Speech to Greater London Young Conservatives” (Caxton Hall, London, July 4, 1977).))

Ronnie W. Rogers