Margaret Thatcher and William F Buckley Jr. touch on a variety of subjects including economic incentives, minimum wage and redistribution of wealth. www.LibertyPen.com
We could use some of that in our colleges and universities today. Nowadays whiny kids want to crawl into their safe space when they hear something that they disagree with.
Yep, it's funny considering she banned Sinn Fein from the airwaves. It becomes especially hilarious when you compare how much airtime is given to terrorists today.
Loved, and equally hated by many; she was none the less a brilliant and magnificent Stateswoman. Hillary Clinton isn't even a qualified laundry matron compared to her.
fix you really shouldn’t say such things about Mrs Clinton. Yes she isn’t as bright as Mrs Thatcher, but the Iron Lady was an exceptionally brilliant person, who won 3 elections and led her party for 15 years and her country for 11. And a Prime Minister is far more powerful and influential than a President because a PM must have a majority in the legislature, whilst a President can be at the mercy of a hostile Congress. It should also be remembered that Mrs Thatcher was so successful that she not only helped win the Cold War, she also started the resurgence of free markets with a program and philosophy that was eponymous, ie Thatcherism. No one is ever going to talk about Clintonism, unless it is to recall the careerism and corruption that finally brought Mrs Clinton’s political ambitions to nought.
A politician who doesn't attempt to avoid questions or change the subject, like her or not but you can tell she believes every word she says and speaks from her core.
+Tar Man Absolutely. Nationalized industry is a mess. There is no incentive to be efficient, because they can pull money out of taxpayer pockets to support the inefficiency. Of course, inefficiency never is solved by throwing money at it. Those being efficient are taxed to support those who are not. It all turns industry from a wealth produced into a wealth consumer, and all those subsidies cause unemployment in those sectors where the money is taxed from. This all led to the country grinding to a halt in 1979.
***** Surprised to hear that. So much of the beginnings of the U.S. revolved around, and was interleaved with, Britain. Its language, its customs and political philosophies as expounded by your best political philosophers, including the Magna Charta, all was in the minds of those whom we call our founding fathers. And they admitted it. All this despite the wars and skirmishes between the two of us, which our founders understood to emanate not from the British people at large, but from the tightly controlled political forces which were running things at the time. I believe that if you read the whole Constitution of the United States, you would find largely consonant with your own views, even tho different in some details.
I think Maggie was using the US Constitution just as an example of or analogy to economic and political freedom. In Europe, socialism is somewhat ubiquitous. In France, the middle class pays very steep tax rates and the wealthy class pays more than half their income in taxes. And those Eastern European nations do have a lot of social and economic influence on Britain. So the rise of the extreme left is not uncommon in Europe and Maggie had taken a tough stance against it. But it is difficult to compare politics/economics in Britain with the North American counterpart.
@@Mathin3D Donald Trump has done more for the Economy than this lady did. She sure can talk the talk, but she can't walk the walk, and implemented alot of socialist ideas, that led to the close of entire sectors of industry in the north of England. Something your president never did. Grow up, grow a pair, open your eyes.
@@MiguelBaptista1981 Trump has consistently gone back on his word and has therefore not delivered on many of the promises that he has made. You need a proper right-wing leader who will just do what they think is right and not care what the mainstream media thinks.
@@redd_cat Cares what the mainstream media thinks? Trump is the only guy I've seen i decades who doesnt care what the mainstream media thinks. Mainstream media loves covering him because he says and does things he knows will trigger them. As much as i dont like Trump i think you need more non-political types like him.- unfortunately he's no intellectual
@@redd_cat I don't think you realize in the slightest the amount of resistance he had for ANYTHING he did, you have the established powers, cliques, circles and agreements that have been in effect for decades in the government, then you throw an ambitious guy that is hampered by just about mostly everyone in the established system. Ofcourse he couldn't do everything he wanted to do, you'd need to be a god damn dictator to do it, despite all that, he did pretty damn well for the lack of expectations and i'm sure he will do decent in the next 4 years, certainly a lot better right now than the previous 12 years of snoozefest and ever decreasing quality of life.
I was brought up in poverty! Socialism discourages me from creating wealth but only a free market economy gives me the opportunity for my own wealth creation. We shall not be brainwashed in to believing that wealth creation is evil because its not true! It brings prosperity to create more and serve others. Some however don't do that, they use money for evil purposes.
@@Sidtube10 Yes.. but such practices are not exclusive to a capitalist system, you know that right? In fact.. the more centralised power is in a system the more prone it becomes to corruption.
@@moza9835 I agree - all centralized systems have that risk. But there's a difference: A Capitalist system openly espouses 'selfish pursuit of profit' claiming that such self-interest will produce societal prosperity. It doesn't even talk of individual morals/ethics becoz the belief is that institutions would automatically regulate that! The centralization associated with communism at least presents itself as a liberating ideology [on paper at least]!!
@@Sidtube10 Well you said it yourself.. "on paper", how is that of any value? As of moral responsibility, you also said it yourself. Moral responsibility is not a collective duty, it can't be. It's by its nature an INDIVIDUAL responsibility. You can have all the power in the world at hand, and with it govern peoples daily interactions, and still would never solve the dilemma of moral relativity. You could touch the surface, of course. But that's that. People can find their ways to manipulate the law if they wanted to, and the evidence of that is pretty clear. The problem is way much deeper. It's a structural flaw. How to solve it? Well. In my opinion, we need a solid, social structure that's grounded on the most important psychological truths about human nature and morality. A kind of system that binds, and guide us together, and functions just like religion did. But this time, we need to let Science has its say on the subject of moral philosophy, because oh boy, it indeed has much to say
@@linux2005 weird how the comment got it's first two replies 5 years later within an hour of each other! Even though my comment is essentially about nothing, still
Freedom for the wealthy. If you were working class Northerner or Irish or Scottish she viewed you as little more than a dog to be exploited. Hateful woman.
The most priceless moment of this interview is at 10:50. "You wait. One moment." Pure Thatcher. YOU wait. The best PM Britain has had since Winston Churchill.
The biggest advantage Winston Churchill has, is through gritted teeth, socialists will admit he saved the country from fascism, but socialists pretend that they aren't a threat to the country themselves.
@@tomgibson6801 I am honestly in shock that anybody can have a low enough IQ to think that Wilson was a better PM than Thatcher. Wilson wasn’t fit to lead a Christmas raffle, never mind a country.
" I don't give a hoot about their background or where a person comes from,... what i care about is what they have to contribute to society" we need this lesson in the united states to take the center stage. Stop paying attention to race, to sex, to religion, and just care about creating people that add value to the world around them and the world will get better.
As someone who generally identifies as Centre Left aka Social Democracy, I have tremendous respect for Mrs Thatcher and her views here. She makes so many valid points here and had so much courage.
This kind of interview is sadly very rare these days. The kind of interview where 2 intelligent people sit down and discuss, at length, ideas and what their implication has. These days nearly all political interviews involve the interviewer questioning and in some cases, barracking the politician and holding them to account. Of course this must happen in most cases, but it would be nice to see a current politician actually be allowed to freely discuss their thoughts and ideas and actually expand on them in the kind of articulate manner Mrs Thatcher is doing here. Instead most of today's politicians just spout soundbites which change with the prevailing wind, whilst simultaneously batting off the next aggressive and in many cases, partisan question from the interviewer.
@@TheMyrmidon22 "fire is a great servant, yet a fearsome master" this house we call America, and the western world in general is feeling rather hot!" and as demonstrated by events in the past two weeks: that "what can we do about it?" is being forced to "we HAVE to do something about it". cos we'll lose everything if we don't
@@matthew8153 Although Trump may not be the most elegant or articulate president ever he is doing good! Much better than every president after Reagan for sure!
Being a member of the SNP, its hard to agree with her policies. Yet, it is wrong for all those that hate on her to continue to do so. She was a rare conviction politician, she stood up and fought for her beliefs, and was elected to do so. She turned around what was very much a declining economy, and reinvested in the infrastructure which the UK uses to this day regarding technology. Credit where credit is due, she did many good and many bad things, but haven't all politicians? There is no easy way to be in control. In today's society, more politicians are needed like her who would stand and fight for once! Not shy away incase the media get to them.
+Mafalda Hopkirk It was more than just her convictions. The UK during Thatchers term in office was on fire. Socialists were actively trying to bring the UK to Bankruptcy. When Thatcher came to power the UK had 15% unemployment and inflations of 25% and when she left office the UK hand unemployment of 5% and inflation of 4%. It was in more than a state of decline it was at the point of Bankruptcy with no hope of rescue. Before Thatcher came to power the UK had gone Bankrupt and hand to borrow money from the IMF just to survive. If the UK had of went to the IMF to borrow again to say it self it would have ben refused that credit.
So much of this is relevant today. We've gotten so far away from free society in the U.S. Who would have thought 200 years earlier that a Brit would be giving lessons in freedom to Americans.
weallbfree she so plainly explains the essence of what it means to be free. Buckley was clearly no match for her intellectually; you almost feel sorry for the man.
Actually the American revolutionaries explicitly took their freedom-based principles and values from Brits. The ideas that inspired them were around a thousand years in the making in the British Isles. The problem was that the British government was seen as failing to apply British rights to its colonial subjects, in the same way that the American government went on to fail to apply American rights to women and racial minorities.
***** Oh, you were doing _so_ well until those last four words. The problem of the US government isn't that it denies American rights to $victim_group, it's that it denies them to *everyone* except for the political class and its clients. Indeed, some of the greatest abuses of government power have been justified on the (false) grounds that they would help women and/or racial minorities. You are right, however, about the essential continuity between British and American classical-liberal ideology, and that the American revolutionaries saw themselves not as rejecting the British constitutional settlement but as demanding the rights of free Englishmen.
Try a younger Camille Paglia (on the more artistic side of the spectrum, but vehemently in favor of accountability) -- she thinks and speaks at about 200 miles per hour: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-4M4HPOgwXRU.html
Thatcher didn't like European Union preventing upper classes, bankers and corporations mistreating most British people, when EU said workers should have enough breaks and genetically modified ingredients should be labelled. She wanted Britain to be like USA where food businesses can put ingredients in food people don't know about. She turned Britain into a USA lapdog. Secret service whistle blower David Shayler told how she was going along with USA funding Al Qaeda in Libya against Gaddafi. A country people didn't pay household bills, while more old British people were dying of cold than before. While Germany were concentrating on well paid jobs and free university education, Thatcher was making millions unemployed, and closely linking British economy with USA, encouraging many to be in debt, until economy crashed by early 90s. Nigel Lawson who helped cause the economy to crash was advising Britain leave the EU while he was applying to live in France. When Labour reformed House of Lords, Tories tried to vote against it, as wanted the upper classes to be paid for doing nothing with expenses, while telling the millions they made unemployed they weren't working hard enough to survive
SusieLa1 must be so relieving that everyone you disagree with is such a bad person, that way you don’t actually have to form any sort of coherent argument. Just put them in the naughty person bin and pat yourself on the back. Keep up the good work, comrade
+kerrowmoar4 . Maggie Thatcher, she was a powerful intelligent woman, but at the same time she dressed up like a lady. She had no problem of mixing a power and being feminine. Hillary Clinton looks (almost) like a man.
***** With Jeremy Corbyn running the Labour party there's no need to dig her up, it won't be long before Labour is dead and buried as an opposition...lol
JCBAirmaster73 Don't worry at least you have the welfare state to fall back on. You should try living in the Philippines, they don't have one, if you don't work you're fucked! think yourself lucky!..
Please don't generalize. The problem is actually in YOUR generation of the media people who give too much attention to marginalized millennial junk like SJWs.
Born in 1988 I fall into the millennial category and Thatcher is my political hero, I completely identify and align myself with her politics and vision. I cant begin to explain how happy I was to see Corbyn defeated.
"Once you stop those wealth creators from creating the wealth, then there is nothing extra to distribute". I wish all the politicians of my country learned that.
Thank goodness for her and President Reagan, between her and Reagan we would not have brought down the U.S.S.R. and the farthest left wings, the communists.
free the rich to collect more money. redistribution of wealth now is Bank gives a loan to average Joe for hyperinflated house, then sells loan to Joe's managers of a pension fund (mixed with bad loans) Banks profit from the sale of loan and insures against the loan (hedging) which they know will fail, then bribe govt to pass laws to allow this. then tell govt that it's all going to fail and you have to bail us out by using Joe's taxes. Both Bankers and Politicans go to whores and have fun and coke .Average Joe loses his pension fund, has a massive debt from the mortgage and tax bill. moral of the story be a whore or drug dealer. they end up with the money both don't pay taxes. Yeah Free market! thanks Maggie xxx
I was brought up to despise Margaret Thatcher and now I find myself agreeing with most, if not all, of what she says here. Is that age, or have managed to learn something? Of course some of her tactics were brutal, but her overall vision is spot on.
Same here. Parents only mentioned the bad points, but after talking to people who grew up at the time and people who reflect on the time, i'm finding myself more of a fan.
@glyn hodges How she pulled the floor of government control from under our heavy industries, meaning they accelerated factory closures and put thousands out of work in the North. That brutal.
Thatcher pointed out that in the sciences, even in the Soviet Union, there was a freedom of thought. She was correct, hard sciences are too important to the ruling classes to be cluttered by political orthodoxy. (Mathematics, physics, chemistry, etc..) Amazingly now in the West as well, political orthodoxy or political correctness as we call it, have turned us into something like the Soviet Union. As a scientist I can talk about physics (my field) but fields such as psychology, genetics, etc.. which might contradict the political orthodoxy have become self-censored. It is sad and ultimately destructive. Real socialism and real capitalism are not mutually incompatible. But we now live in a world of global capitalism and global state control where local people and national governments have ceased to matter.
Thatcher of course knew next to nothing what was and wasn't in the Soviet Union or its allies, be in the sciences or elsewhere. And neither do you. For one, you couldn't join academia if you were not politically subservient. Your research was not have been possible if it wasn't approved by the 'party', including and in particular by people in the position of power in it who were not scientists. There was hardly any freedom of thought in the sciences because freedom of thought was not allowed anywhere. It's frankly absurd to suggest that, as a scientist - as you claim to be - it's 'impossible' to talk about science (given you admit yourself you can talk about 'your' sicence). Not you a physicist, but psychologists and genetisits can and do talk freely about the subject matters of their sciences. Attempting to impune some sort of muzzling effect of 'political correctness' (i.e., the insistence that what people say in public conforms to some baseline of decency, e.g. is not wilfully hurtful or offensive towards others) on sciences simply doesn't bear scrutiny. And neither could you corroborate it factually. In fact, the actual threat to sciences and freedom of thought in academia comes from the rampant populism, denialism of science and expert opinion, and the politicisation of scientific research in the West (just as it used to be and continues being in communist states) nowadays. US is a prime example of those phenomena.
@@AA-lu5gp True but in sciences like physics and mathematics it was generally easy to be politically subservient without any direct effect on your research. Some of the greatest physicists came out of the Soviet Bloc: Landau, Kapitsa, Cherakov, in my own field, Ternov, Sokolov,Kondrachenko,.... Today you apply for a Canadian grant and you must prove somehow how your research impacts diversity, inclusion and equity. (Check it out on NSERC site) What does the Riemann hypothesis or the Poincaré conjecture have to do with it? Unless you believe that everything is a social construct and thus these fields exclude women and minorities by construction? Tomonaga Shinichiro studied in Nazi Germany Quantum Physics with Heisenberg: I doubt very much that he had to explain how quantum field theory impacts Nazi Racial Policies concerning the Aryan Race! I worked in China and sure it is annoying to have to use VPN to access useful Websites. But in the end, no one asked me how the property of the spin of an electron or a muon affect the communist party role in society. And certainly science denial of the religious right was a problem 40 years ago and still is. But now the politically correct left has joined the band wagaon. PS Personally I left the West 25 years ago, so honestly I was only midly affected by the Reaganite right in the 1990s not the politically correct left. Now I work in Asia: 100% free of this leftist nonsense and of religious nonsense.
free the rich to collect more money. redistribution of wealth now is Bank gives a loan to average Joe for hyperinflated house, then sells loan to Joe's managers of a pension fund (mixed with bad loans) Banks profit from the sale of loan and insures against the loan (hedging) which they know will fail, then bribe govt to pass laws to allow this. then tell govt that it's all going to fail and you have to bail us out by using Joe's taxes. Both Bankers and Politicans go to whores and have fun and coke .Average Joe loses his pension fund, has a massive debt from the mortgage and tax bill. moral of the story be a whore or drug dealer. they end up with the money both don't pay taxes. Yeah Free market! thanks Maggie xxx
Amazing to think that this was 1977. Carter has just been inaugurated, the Soviet Union was expanding it's empire, the U.K. economy was nationalized and laid low by trade unionism, and these two were the only voices of Conservatism in the west. My God we have come a long way and are much better for it.
Listening to REAL political discussions like these gives me goosebumps and fills me with pure interest. It's so sad we can't do this anymore. I don't understand why this isn't valued.
He was cleared of rape, not his paedophile activity, Jimmy Savile then he was a friend of hers and she knew what he was up to, it was well known in the 70s about Savile and the rest of the, do some research if you care
free the rich to collect more money. redistribution of wealth now is Bank gives a loan to average Joe for hyperinflated house, then sells loan to Joe's managers of a pension fund (mixed with bad loans) Banks profit from the sale of loan and insures against the loan (hedging) which they know will fail, then bribe govt to pass laws to allow this. then tell govt that it's all going to fail and you have to bail us out by using Joe's taxes. Both Bankers and Politicans go to whores and have fun and coke .Average Joe loses his pension fund, has a massive debt from the mortgage and tax bill. moral of the story be a whore or drug dealer. they end up with the money both don't pay taxes. Yeah Free market! thanks Maggie xxx
thank you for proving how clueless you are, guess that goes with the territory of blind Thatcher love, If you ever manage to have an original, well considered thought of your own on the subject give me a look up and I might have a adult discussion with you, till then bye bye
***** Absolutely TRUE tar man. Thatcher confined socialism largely to the history books and I am afraid she gets hated by those people for doing so. I think history will show Thatcher to be the biggest scapegoat in British history. She gets the b lame for everything from the sinking of the Titanic to the asian Tsunami to hear some people talk. Its nice to come upon people like u who know the truth.
*Gosh, nowadays watching even just one CONVERSATION like this without talkers acting as if they are gonna eat each other the next moment is like seeing a unicorn.*
I think not my grasp is quite good. Am old enough to live through good part of it. have known other people older than me had real first and life experience. Ibeen a lover of history all my life and I read both sides JCBAirmaster73
I do believe you the miners and government own business that were not profitable had to be close. The socialist in France and do the same thing with the coal mines. I remember going to London with garbage power mile high. Unions trying to close down the country. Some even calling for the military to have a coup against the government. She saved Great Britain. It would be worse than Greece. She surely was a Prime Minister to be proud of JCBAirmaster73
Being brought up in England from a working family, I never knew how smart and right M. Thatcher and genuinely honest she was; I wish she was still our Prime minister today. Years of brain washing and indoctrination into labourite socialism has ruined my life. Socialism in my country continues to do so today. Corbyn and the Labour Party want more socialism for the UK and it means a lot of misery for all. Life is suffering but we needn't make more of it for ourselves!
A good general principle that emerged from this discussion is this dichotomy: you can either redistribute wealth, OR you can create wealth. Quite simply, the further you pursue a model of redistribution, the more you destroy the incentive to create. Such wonderful insight and excellent discussion, and so conspicuously absent from current political discourse.
JCBAirmaster73 Thats the sad thing though welfare is damaging society, its created this BS class war and because of welfare businesses dont base in our country.
I just don't understand how she could be so for working hard and a meritocratic society but see no problem with British society having a head of state, the royal family and a whole class of people, the aristocracy who got to the top only because of birth and not hard work and are supported by the taxpayer to live in the lap of decadent luxury. That is an inherent contradiction but no journalist ever questioned her about it.
"Unless you have freedom of discussion over a whole society you soon cease to have any new ideas. Don't you find that new ideas develop when you talk about them with other people? If you can't discuss them freely because there is a 'correct view', you soon cease to have new ideas." - 3:28
rudianger123 good bloody god you oughtn't to prostrate yourself before a such an oleaginous power worshipper. She waxes lyrical about some ill defined predicate of 'liberty,' while under her state power wasn't so much reduced as merely transferred to more restrictions on freedom of speech, the right to protest and so on and so forth. How could one expatiate on the virtues of liberties, and a decade later implement the traditionalist gagging order of section 28?
Coming from Portsmouth, a military industry city funded by state defence spending, in the 1980s I hated her and danced when Mr Heseltine got so many votes against her as I know she was finished. But I and we on the left were wrong and she was right. Everything she says here is true. Wealth redistribution is like a game of pass the parcel with everyone sitting on their arse and the parcel (of wealth) getting smaller and smaller as it goes around. God bless Margaret Thatcher and may the Lord have mercy on Edward Heath and Europhile pals who conspired against her over the coming Maastricht treaty. She would never have agreed to it.
When I recall Meryl Streep's wooden caricature of the Iron Lady, the contrast with the spirited and vivid woman in this video couldn't be greater. All of Hollywood's power to rewrite the stories of Bush, Palin, Thatcher, etc., falls to its knees before the power of a free internet. Let's hope it stays free so people can see the real thing.
She got me hooked in the first 59 seconds of the interview. This took place in 1977, but I felt that she was talking about June 1, 2020 in America. I'm going to have to do research on her now.
I had a feeling Gillian Anderson's portrayal as Thatcher was quite forced. Now refamiliarising myself with Thatcher and her delivery I think forced was an understatement.
this woman was a queen she articulated her arguments perfectly and dealt with injustice better than any politician before or since and im republican Irish
One of the best post-2nd world-war statesmen who uttered every word emanating from the bottom of her heart, Margaret Thatcher should be the role model before every politician in the world, nay,the politicians in the Indian Sub-Continent!In my life-time,seldom have I seen a second self of Margaret Thatcher-a person, gifted with the hardly-founded merits,say,truthfulness,patriotism, far-sighted prudence, a great analytical ability,a great compassion for all, an encyclopedic knowledge and above all, diplomatic skill!The multifarious problem-ridden and strife-torn world of ours is in a crying-need of the likes of this statesman!
In Poland this thread is still present especially now that the entrance to the European Union. Our country took a lot of socialistic nonsens regulations nad restryctions.
What a character and a brain! She talked like a philosopher yet with her eyes firmly fixed on the issues of the day yet with thoughts way surpassing her time... If she wasn't a politician, she would rightly claim a prominent spot in the realm of pure thinking
The irony of Thatcher’s idea is that an interview like this would never be shown on television today, such is the way in which an unregulated market has distorted our media.
she right about everything! - Freedom of economic activity creates wealth (doesn't just redistribute existing wealth) - New ideas flourish in a completely open society - Comprise and consensus means being half right and half wrong (not fully right) - liberty vs. being told what to do (for the sake of security) - excessive taxation stifling drive (why work hard when 50% of your pay check goes to the government) - wealth creators vs workers
Best Prime Minister of all times. There is nobody anywhere near her level these days - this is why our economy is drowning. Socialism.. like cancer.. is destroying this country.
I have read both views about Margaret Thatcher, her admirers and her loathers. However, all controversies apart, I must admit she was such a knowledgeable and highly intelligent woman. Conviction and determination were precisely what she was all about. She had her conviction, she was determined to stand up for it and she lost her prime ministership defending it. To find a political figure of her quality is such a rarity these days.
Wonderful woman! Wish she would reincarnate and be elected as the first woman president of the United States. She was so graceful, articulate, intelligent, and assertive.
"...Harold Wilson 'What the British people wanted was a bit of peace and quiet. Anything for a quiet life'. You know and I know that this is the great drag on democracy. Does my voice count, so you leave it to a well organised tiny minority. Now you ask have people learned? Yes, they are learning that if you do leave it to that tiny well organised minority ... Unpleasant things happen. And then you recoil from that. In part you expect your politicians to do something about it, the question is whether the people themselves will back up the politicians." - Margaret Thatcher @5:49
What a delight to be able to see and hear those two giants again. I cannot understand the rage and hatred in some comments here, other than to think of the rage of an ill-tempered and poorly raised child being asked to clean his room. The child is given the room, and given clothes and toys and books out of the duty of his parents; perhaps those same loving parents failed miserably to educate the child in the realm of HIS responsibilities and HIS duty as a member of the family. Likewise our schools and universities, having been usurped by the left, have failed to inform on the roles and responsibilities of member citizens of a modern civil society. There is no other way for me to understand. All the same RIP both Bill and Maggie.
