In 1968, Margaret Thatcher, then a member of the Shadow Cabinet as a junior minister of Great Britain, gave a speech entitled, What’s Wrong With Politics? Despite that fact that the speech is now 45 years old, it is as relevant today as then – in some unfortunate ways. Here are some excerpts.
[T]he extensive and all-pervading development of the welfare state is also comparatively new, not only here but in other countries as well. You will recollect that one of the four great freedoms in President Roosevelt’s wartime declaration was ‘freedom from want.’ Since then in the Western world there has been a series of measures designed to give greater security. I think it would be true to say that there is no longer a struggle to achieve a basic security. Further, we have a complete new generation whose whole life has been lived against the background of the welfare state. These developments must have had a great effect on the outlook and approach of our people even if we cannot yet assess it properly.
Her thoughts on “big government”:
But the way to get personal involvement and participation is not for people to take part in more and more government decisions but to make the government reduce the area of decision over which it presides and consequently leave the private citizen to ‘participate’, if that be the fashionable word, by making more of his own decisions. What we need now is a far greater degree of personal responsibility and decision, far more independence from the government, and a comparative reduction in the role of government.
Income and profit:
[I]f we accept the need for increasing responsibility for self and family it means that we must stop approaching things in an atmosphere of restriction. There is nothing wrong in people wanting larger incomes. It would seem a worthy objective for men and women to wish to raise the standard of living for their families and to give them greater opportunities than they themselves had. I wish more people would do it. We should then have fewer saying ‘the state must do it.’ What is wrong is that people should want more without giving anything in return. The condition precedent to high wages and high salaries is hard work. This is a quite different and much more stimulating approach than one of keeping down incomes. Doubtless there will be accusers that we are only interested in more money. This just is not so. Money is not an end in itself. It enables one to live the kind of life of one’s own choosing. Some will prefer to put a large amount to raising material standards, others will pursue music, the arts, the cultures, others will use their money to help those here and overseas about whose needs they feel strongly and do not let us underestimate the amount of hard earned cash that this nation gives voluntarily to worthy causes. The point is that even the Good Samaritan had to have the money to help, otherwise he too would have had to pass on the other side.