Conservatism is not some abstract theory. It's a crusade to put power in the hands of ordinary people. And a very popular crusade it is proving. Tenants are jumping at the opportunity to buy their own council houses. Workers are jumping at the opportunity to buy shares in their own privatised companies. Trade unionists are jumping at the opportunity, which the ballot box now gives them, to decide “who rules” in their union. And the rest of Britain is looking on with approval. For popular capitalism is biting deep." - Meaning and context.">
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Speech to Conservative Central Council (15 March 1986)
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Conservatism is not some abstract theory. It's a crusade to put power in the hands of ordinary people. And a very popular crusade it is proving. Tenants are jumping at the opportunity to buy their own council houses. Workers are jumping at the opportunity to buy shares in their own privatised companies. Trade unionists are jumping at the opportunity, which the ballot box now gives them, to decide “who rules” in their union. And the rest of Britain is looking on with approval. For popular capitalism is biting deep.

— Margaret Thatcher

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Conservatism is not some abstract theory. It's a crusade to put power in the hands of ordinary people. And a very popular crusade it is proving. Tenants are jumping at the opportunity to buy their own council houses. Workers are jumping at the opportunity to buy shares in their own privatised companies. Trade unionists are jumping at the opportunity, which the ballot box now gives them, to decide “who rules” in their union. And the rest of Britain is looking on with approval. For popular capitalism is biting deep." in the context of "Speech to Conservative Central Council (15 March 1986)" to mean that wisdom is timeless.

Source: Wikiquote: "Margaret Thatcher" (Quotes, Second term as Prime Minister) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app

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Margaret Thatcher

About Margaret Thatcher

Margaret Hilda Thatcher, Baroness Thatcher (13 October 1925 – 8 April 2013) was a British politician and stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the first female British prime minister and the longest-serving British prime minister of the 20th century. As prime minister, she implemented neoliberal economic policies of deregulation and privatization that became known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style.