Posts Tagged ‘Free Market’

Dear Mrs. Thatcher,

Thank you so much for all you did for the world. Of course your beloved country, Great Britain was the chief beneficiary of your hard work, but the entire world had Margaret Thatchera lesson in freedom during your tenure as Prime Minister.

The whole world seemed to be drifting towards socialism, but you showed us that when people are willing to put the needs of others before their own selfish wants that all of society benefits. The Free Market works as people make their own choices, but those choices are always within what is best for everyone.

When the State decides that it knows best and tries to force its own social or political agenda on the people it always makes a shambles out of everything. This has been proven without a doubt in Russia, China, and Eastern Europe. It nearly ruined Britain but you reversed all of that, raising the standard of Britain abroad.

Thank you, Mrs. Thatcher for being courageous enough to stop the socialist trend in your country and prove to the world that a Free Market works.

But one of the most important things that you believed and tried to teach others is that material prosperity is not an end of its own. For people to be free and happy they must be a moral people. In a speech to the Zurich Economic Society in 1977 you said,

The main issues are moral. … The economic success of the Western world is a product of its moral philosophy and practice. The economic results are better because the moral philosophy is superior. It is superior because it starts with the individual, with his uniqueness, his responsibility, and his capacity to choose. Surely this is infinitely preferable to the Socialist-statist philosophy which sets up a centralized economic system to which the individual must conform, which subjugates him, directs him and denies him the right to free choice.

And to the Greater London Young Conservatives you emphasized,

Choice in a free society implies responsibility on the part of the individual. There is no hard and fast line between economic and other forms of personal responsibility to self, family, firm, community, nation, God. Morality lies in choosing between feasible alternatives. A moral being is one who exercises his own judgment in choice, on matters great and small, bearing in mind their moral dimension, i.e. right and wrong. Insofar as his right and duty to choose is taken away by the state, the party or the union, his moral faculties, i.e. his capacity for choice, atrophy, and he becomes a moral cripple in the same way as we should lose the faculty of walking, reading, seeing, if we were prevented from using them over the year.

… The Socialists would take away most or all of these choices. A man would do what he was told by the state and his union, work where work was ‘found’ for him at the rate fixed and degree of effort permitted. He would send his children to school where the education authority decided what the children are taught and the way they are taught, irrespective of his views, he would live in the housing provided, take what he could get, give what he was obliged to give.

This doesn’t produce a responsible or a moral society.

This does not produce a classless society; on the contrary it produces the most stratified of all societies, divided into two classes: the powerful and the powerless; the party-bureaucratic elite and the manipulated masses.

And are these rulers better fitted to make choice on our behalf or to dispose of resources?

As the United States drifts into socialism with its government-mandated health care system I wish that our government would learn a lesson from you. You believed that the people could refuse socialism if given the chance. Your goal of restoring personal responsibility, self-reliance, and self-confidence to the people of Britain was achieved in a large part because of your own integrity. You held on firmly to what was right even in the face of adversity. You were the most courageous leader in the Western world in the last generation.

You knew that massive unemployment would occur when you took steps to end inflation. Someone had to take steps to apply the strong medicine to cure the sickness of inflation due to bad monetary policy and socialism. You were willing to accept the hateful things that people said because you knew you were right and things would work out the way they were supposed to once the people pressed on during the inevitable suffering while the remedy was applied. We all wish we didn’t have to “pay the piper” but there was no alternative and indeed you were proven right.

Here in the United States no president has been willing to take the steps to reverse a bad monetary policy like you did. Our government keeps on printing money. Eventually the whole economy will come crashing down but each president hopes it will be during the next president’s administration. None of these men has had the courage that you had. As time goes on it will get worse and worse but our cowardly president won’t risk losing his popularity. The men who have ruled in our country have been very short sighted and selfish. But you, Mrs. Thatcher loved your people more than yourself. You did the right thing as a wise parent allows her child to learn the hard way occasionally.

I really admire the way you handled the unions in your country. The things they were doing were grossly unfair. Time has shown that the Communists were BBC news Thatcherhoping to take over your government through the power of the unions. Though the huge Labour Party was against you, and even some frightened Conservatives tried to urge you otherwise, you took steps to curb union power.

One could wish that the leaders in our government had the backbone that you had. You stood up to the men with dignity and did not back down even when they said horrible, untrue things about you in public. They accused you of disrupting “peaceful picketing”, but in fact what was happening was mob violence and intimidation. You did not flinch when confronted with their bald faced lies.

Arthur Scargill, a committed Marxist, thought he would bring Britain to its knees with the coal strike. He used methods that should have been illegal, such as bringing in groups of “strikers” who were not the coal workers at the mines. You also knew that the union leaders were not permitting secret ballots so that those who did not want to strike could not say what they really thought without threats to themselves or families. The cowardly Conservative Party and the Labour Party governments capitulated to Scargill’s demands. You refused. 5000 strikers battled 5000 police at the Battle of Orgreave and there were over 100 casualties as the police forced the end to the strike.

You knew that this fight in particular was a fight for the soul of your country. You remained firm. Thanks to your courage and integrity, a large group of people formed their own unions with freedom for their workers. The Scargill, destructive type of union was ended. New fair laws were passed. A new era began in Britain thanks to you.

America has lost a great friend. As you look down on us from Heaven I wonder what you must think now. True, the Berlin Wall fell and Communism does not seem as big of a threat. We have Iron-Ladyother threats now. I wish that you were here to talk to our leaders. Can you figure out a way to bottle some of your courage and give some to our president?

Are you proud of Prime Minister Julia Gillard of Australia who seems to have taken a page out of your book by not refusing to give in the Muslim extremists? Perhaps she could be your spokesperson here on earth and show our cowardly leaders how a government should be run.

Mrs. Thatcher, you achieved greater things than any other woman in history. You deserve to be remembered as one of the world’s great leaders – the tough but loveable “Iron Lady”. I thank God that you were willing to serve so courageously. The world has lost a true champion of freedom.


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