Margaret Thatcher on Socialism: 20 of Her Best Quotes – Foundation for Economic Education

“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. Choice is the essence of ethics: if there were no choice, there would be no ethics, no good, no evil; good and evil have meaning only insofar as man is free to choose.”

In our philosophy the purpose of the life of the individual is not to be the servant of the State and its objectives, but to make the best of his talents and qualities. The sense of being self-reliant, of playing a role within the family, of owning one’s own property, of paying one’s way, are all part of the spiritual ballast which maintains responsible citizenship, and provides the solid foundation from which people look around to see what more they might do, for others and for themselves. That is what we mean by a moral society; not a society where the State is responsible for everything, and no-one is responsible for the State.”

https://fee.org/articles/margaret-thatcher-on-socialism-20-of-her-best-quotes/