"Socialism had defeated her brand of ultra-liberal economics. ... [Margaret Thatcher believed that] the law of the market could be applied in the place of politics. She underestimated the dignity and grandeur of politics, which is an attempt to combine, an attempt to convince, an attempt to listen to others, to try to find a society which is not better but less bad than the one in which we live today."
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Original Language: English
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Jacques Delors, Speech to Socialists in Essen (8 December 1994), quoted in The Times (9 December 1994), p. 1
https://en.wikiquote.org/wiki/Economic_liberalism
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Economic liberalism
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