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 centralised 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. (Margaret Thatcher)

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 centralised 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.

Margaret Thatcher

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capacity choice choose essence ethics evil free good individual man meaning moral philosophy practice product responsibility right success superior system western world uniqueness

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