There are significant differences between the American and European version of capitalism. The American traditiionally emphasizes the need for limited government, light regulations, low taxes and maximum labour-market flexibility. Its success has been shown above all in the ability to create new jobs, in which it is consistently more successful than Europe.
Margaret ThatcherThe problem with socialism is that you eventually run out of other peoples' money.
Margaret ThatcherI don't think any woman in power really has a happy life unless she's got a large number of women friends ... because you sometimes must go and sit down and let down your hair with someone you can trust totally.
Margaret ThatcherThe legal system we have and the rule of law are far more responsible for our traditional liberties than any system of one man one vote. Any country or Government which wants to proceed towards tyranny starts to undermine legal rights and undermine the law.
Margaret ThatcherCommunist regimes were not some unfortunate aberration, some historical deviation from a socialist ideal. They were the ultimate expression, unconstrained by democratic and electoral pressures, of what socialism is all about. ... In short, the state [is] everything and the individual nothing.
Margaret Thatcher