JOBS AND WEALTH CREATION
Socialists often start by distributing wealth. They forget it first has to be created.
You only provide new jobs if you generate more wealth and build up more businesses. It’s Government’s task to see that the citizen is not overtaxed, not overregulated, not over-governed. Then private enterprise can get on with the rest.
Yet there is a consistent tendency in our society to down-grade the creators of wealth. And nowhere is this attitude more marked than in cloister and common-room. What these critics apparently can’t stomach is that wealth-creators have a tendency to acquire wealth in the process of creating it for others!
But the truth is, Mr. Chairman, that the creation of wealth is the most fundamental of all social services. For it is the wealth-creator alone who has the enterprise, the resources and the vigour to build the business which will put the unemployed back into work.
Mar 23 1985 – Margaret Thatcher.
Speech to Conservative Central Council.