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Socialism is a creed of the state. It regards ordinary human beings as the raw material for its schemes of social change. But we put our faith in people—in the millions of people who spend what they earn—not what other people earn. Who make sacrifices for their young family or their elderly parents. Who help their neighbours and take care of their neighbourhoods. The sort of people I grew up with. These are the people whom I became Leader of this Party to defend.
— Margaret Thatcher
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "Socialism is a creed of the state. It regards ordinary human beings as the raw material for its schemes of social change. But we put our faith in people—in the millions of people who spend what they earn—not what other people earn. Who make sacrifices for their young family or their elderly parents. Who help their neighbours and take care of their neighbourhoods. The sort of people I grew up with. These are the people whom I became Leader of this Party to defend." in the context of "Speech to the Conservative Central Council in Cheltenham (31 March 1990)" to mean that wisdom is timeless.
Source: Wikiquote: "Margaret Thatcher" (Quotes, Third 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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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.
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.
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