--- title: "Meaning & Key Takeaway of: There can be no liberty unless there is…" description: "\"There can be no liberty unless there is economic liberty.\" — Margaret Thatcher" image: "https://sms4smile.com/quotes/i/6e5/margaret-thatcher-463_economic_there-can-be-no-liberty-unless-there-is_951705.jpg" --- # There can be no liberty unless there is economic liberty. ![“There can be no liberty unless there is economic liberty.” quote by Margaret Thatcher](https://sms4smile.com/quotes/i/6e5/margaret-thatcher-463_economic_there-can-be-no-liberty-unless-there-is_951705.jpg) [Download](https://sms4smile.com/quotes/i/6e5/margaret-thatcher-463_economic_there-can-be-no-liberty-unless-there-is_951705.jpg) [Open image](https://sms4smile.com/quotes/i/6e5/margaret-thatcher-463_economic_there-can-be-no-liberty-unless-there-is_951705.jpg) > “There can be no liberty unless there is economic liberty.” [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Economic freedom is a prerequisite for overall liberty. **In simple terms:** Economic freedom enables liberty. Key Takeaway Support market policies. Themes freedom economics politics Mood critical thought‑provoking Type political philosophical When to use this quote - policy making - entrepreneurship - education - public discourse Key Concepts liberalism capitalism political theory Questions to Reflect On - What policies balance economic freedom with social justice? - How does economic liberty affect different socioeconomic groups? A Different Perspective Economic liberty may not address social inequities. ★ ★ ★ ★ ★ No ratings yet [Freedom](https://sms4smile.com/quotes/about/freedom/) [Liberty](https://sms4smile.com/quotes/about/liberty/) ## Related quotes > [This is America. We must defend the principles symbolized by Lady Liberty - unless she's on the pill, in which case, she is a…](https://sms4smile.com/quotes/stephen-colbert/this-is-america-we-must-defend-the-principles-symbolized-by-lady/) [Stephen Colbert](https://sms4smile.com/quotes/author/stephen-colbert/) > [Unless you have economic security, then you can't have general security.](https://sms4smile.com/quotes/shehbaz-sharif/unless-you-have-economic-security-then-you-can-t-have-general-security/) [Shehbaz Sharif](https://sms4smile.com/quotes/author/shehbaz-sharif/) > [The Right has focused on expanding economic liberty through tax cuts, free trade, and deregulation.](https://sms4smile.com/quotes/michael-j-knowles/the-right-has-focused-on-expanding-economic-liberty-through-tax-cuts/) [Michael J. Knowles](https://sms4smile.com/quotes/author/michael-j-knowles/) > [Fear stifles free speech and undermines economic liberty.](https://sms4smile.com/quotes/lina-khan/fear-stifles-free-speech-and-undermines-economic-liberty/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [It's not about contraception. It's about economic liberty, it's about freedom of speech, it's about freedom of religion, it's about government control of your…](https://sms4smile.com/quotes/rick-santorum/it-s-not-about-contraception-it-s-about-economic-liberty-it-s-about/) [Rick Santorum](https://sms4smile.com/quotes/author/rick-santorum/) > [Every effort for progress, for enlightenment, for science, for religious, political, and economic liberty, emanates from the minority, and not from the mass](https://sms4smile.com/quotes/emma-goldman/every-effort-for-progress-for-enlightenment-for-science-for-religious/) [Emma Goldman](https://sms4smile.com/quotes/author/emma-goldman/) > [Personal liberty without economic liberty is an absolute contradiction; the one cannot exist without the other.](https://sms4smile.com/quotes/william-e-simon/personal-liberty-without-economic-liberty-is-an-absolute/) [William E. Simon](https://sms4smile.com/quotes/author/william-e-simon/) > [Liberals are not unconcerned with economic liberty, but they have come to believe that the common good requires that social justice be given a…](https://sms4smile.com/quotes/anonymous/liberals-are-not-unconcerned-with-economic-liberty-but-they-have-come/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The quickest and surest way to production, prosperity, and economic growth is through private enterprise. The best way for governments to encourage private enterprise…](https://sms4smile.com/quotes/henry-hazlitt/the-quickest-and-surest-way-to-production-prosperity-and-economic/) [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) > [We know that the only alternative to private competition is government monopoly of enterprise. We know that when government monopolizes production, distribution, and employment,…](https://sms4smile.com/quotes/benjamin-franklin-fairless/we-know-that-the-only-alternative-to-private-competition-is/) [Benjamin Franklin Fairless](https://sms4smile.com/quotes/author/benjamin-franklin-fairless/) > [Conservatives value economic liberty and moral security, while the liberal values economic security and moral liberty.](https://sms4smile.com/quotes/jonah-goldberg/conservatives-value-economic-liberty-and-moral-security-while-the/) [Jonah Goldberg](https://sms4smile.com/quotes/author/jonah-goldberg/) > [Economic liberty, not just political liberty, is at the heart of the American experiment. You're not really free if you don't have the right…](https://sms4smile.com/quotes/lina-khan/economic-liberty-not-just-political-liberty-is-at-the-heart-of-the/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [“How did we get the 1960s? One is tempted to locate the ideological roots of this era in the 1930s. The expansion of the…](https://sms4smile.com/quotes/dinesh-d-souza/how-did-we-get-the-1960s-one-is-tempted-to-locate-the-ideological/) [Dinesh D'Souza](https://sms4smile.com/quotes/author/dinesh-d-souza/) > [“The root of all evil, the liberal insists, was precisely this interference with the freedom of employment, trade and currencies practiced by the various…](https://sms4smile.com/quotes/karl-polanyi/the-root-of-all-evil-the-liberal-insists-was-precisely-this/) [Karl Polanyi](https://sms4smile.com/quotes/author/karl-polanyi/) > [The excellence of metallic money in free circulation consists in the fact that it renders impossible the abuse of the power of the government…](https://sms4smile.com/quotes/faustino-ballve/the-excellence-of-metallic-money-in-free-circulation-consists-in-the/) [Faustino Ballve](https://sms4smile.com/quotes/author/faustino-ballve/) ## More by Margaret Thatcher > [When you stop a dictator, there are always risks. But there are greater risks in not stopping a dictator.](https://sms4smile.com/quotes/margaret-thatcher/when-you-stop-a-dictator-there-are-always-risks-but-there-are-greater/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [Ideally, when Christians meet, as Christians do, to take counsel together, their purpose is not ( or should not be) to ascertain what is…](https://sms4smile.com/quotes/margaret-thatcher/ideally-when-christians-meet-as-christians-do-to-take-counsel/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [There are dangers in consensus: it could be an attempt to satisfy people holding no particular views about anything. ... No great party can…](https://sms4smile.com/quotes/margaret-thatcher/there-are-dangers-in-consensus-it-could-be-an-attempt-to-satisfy/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [If it's me against 48, I feel sorry for the 48.](https://sms4smile.com/quotes/margaret-thatcher/if-it-s-me-against-48-i-feel-sorry-for-the-48/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [ \[When asked how it felt to be a female prime minister:\] I don't know: I've never experienced the alternative. ](https://sms4smile.com/quotes/margaret-thatcher/when-asked-how-it-felt-to-be-a-female-prime-minister-i-don-t-know-i/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [It is sometimes said that because of our past we, as a people, expect too much and set our sights too high. That is…](https://sms4smile.com/quotes/margaret-thatcher/it-is-sometimes-said-that-because-of-our-past-we-as-a-people-expect/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [Unless we change our ways and our direction, our greatness as a nation will soon be a footnote in the history books, a distant…](https://sms4smile.com/quotes/margaret-thatcher/unless-we-change-our-ways-and-our-direction-our-greatness-as-a-nation/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [I don't think any woman in power really has a happy life unless she's got a large number of women friends ... because you…](https://sms4smile.com/quotes/margaret-thatcher/i-don-t-think-any-woman-in-power-really-has-a-happy-life-unless-she-s/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [People from my sort of background needed grammar schools to compete with children from privileged homes like Shirley Williams and Anthony Wedgwood Benn.](https://sms4smile.com/quotes/margaret-thatcher/people-from-my-sort-of-background-needed-grammar-schools-to-compete/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [What is success? I think it is a mixture of having a flair for the thing that you are doing; knowing that it is…](https://sms4smile.com/quotes/margaret-thatcher/what-is-success-i-think-it-is-a-mixture-of-having-a-flair-for-the/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [Personal virtue is no substitute for political hard-headedness.](https://sms4smile.com/quotes/margaret-thatcher/personal-virtue-is-no-substitute-for-political-hard-headedness/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [The Government wants a peaceful settlement. But we totally reject a peaceful sell-out.](https://sms4smile.com/quotes/margaret-thatcher/the-government-wants-a-peaceful-settlement-but-we-totally-reject-a/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [Major international interventions are doomed unless the US is directly or indirectly involved. But if American politicians, officials and servicemen are to be put…](https://sms4smile.com/quotes/margaret-thatcher/major-international-interventions-are-doomed-unless-the-us-is/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [We have made too much of one or two people, and we think that they can win or lose elections for us. Don't be…](https://sms4smile.com/quotes/margaret-thatcher/we-have-made-too-much-of-one-or-two-people-and-we-think-that-they-can/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) > [I pay tribute to John Major's achievement in persuading the other 11 Community Heads of Government that they could move ahead to a Social…](https://sms4smile.com/quotes/margaret-thatcher/i-pay-tribute-to-john-major-s-achievement-in-persuading-the-other-11/) [Margaret Thatcher](https://sms4smile.com/quotes/author/margaret-thatcher/) [Explore all 539 Margaret Thatcher quotes ](https://sms4smile.com/quotes/author/margaret-thatcher/) ## More Economic quotes > [It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined.](https://sms4smile.com/quotes/lee-r-raymond/it-makes-no-sense-to-talk-of-the-social-obligations-of-the/) [Lee R. Raymond](https://sms4smile.com/quotes/author/lee-r-raymond/) > [Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,…](https://sms4smile.com/quotes/christopher-bond/advances-in-technology-will-continue-to-reach-far-into-every-sector/) [Christopher Bond](https://sms4smile.com/quotes/author/christopher-bond/) > [I genuinely did not expect more than half our nation to choose to walk away from our long-term allies into the arms of our…](https://sms4smile.com/quotes/brian-reade/i-genuinely-did-not-expect-more-than-half-our-nation-to-choose-to/) Brian Reade > [The concept of humanity is an especially useful ideological instrument of imperialist expansion, and in its ethical-humanitarian form it is a specific vehicle of…](https://sms4smile.com/quotes/carl-schmitt/the-concept-of-humanity-is-an-especially-useful-ideological/) [Carl Schmitt](https://sms4smile.com/quotes/author/carl-schmitt/) > [Parents who are stressed or disturbed will have more difficulty in meeting their children's needs. Parents who have little support--from friends, relatives, neighbors, or…](https://sms4smile.com/quotes/sheila-kamerman/parents-who-are-stressed-or-disturbed-will-have-more-difficulty-in/) Sheila Kamerman > [ Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs \[Less Developed Countries\]?... I… ](https://sms4smile.com/quotes/lawrence-summers/just-between-you-and-me-shouldn-t-the-world-bank-be-encouraging-more/) [Lawrence Summers](https://sms4smile.com/quotes/author/lawrence-summers/) > [The number of poor, and poorly prepared, students who succeed in college and beyond undercuts the simplistic notion that economic or educational disadvantage is…](https://sms4smile.com/quotes/roland-merullo/the-number-of-poor-and-poorly-prepared-students-who-succeed-in/) [Roland Merullo](https://sms4smile.com/quotes/author/roland-merullo/) > [Right now, for many Americans, class is being foregrounded like never before because of the economic situation. It doesn't mean that race doesn't matter,…](https://sms4smile.com/quotes/bell-hooks/right-now-for-many-americans-class-is-being-foregrounded-like-never/) [Bell Hooks](https://sms4smile.com/quotes/author/bell-hooks/) > [The average well-being of our societies is not dependent any longer on national income and economic growth. ... But the differences between us and…](https://sms4smile.com/quotes/richard-g-wilkinson/the-average-well-being-of-our-societies-is-not-dependent-any-longer/) [Richard G. Wilkinson](https://sms4smile.com/quotes/author/richard-g-wilkinson/) > [Fossil fuels, including oil, are running out and supplies are getting harder to find. If we do nothing, prices will continue to rise and…](https://sms4smile.com/quotes/lucy-powell/fossil-fuels-including-oil-are-running-out-and-supplies-are-getting/) [Lucy Powell](https://sms4smile.com/quotes/author/lucy-powell/) > [Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an…](https://sms4smile.com/quotes/f-a-harper/both-fact-and-logic-seem-to-me-to-support-the-view-that-savings/) F. A. Harper > [Business school graduates from the best schools earn large salaries and frequently rise to positions of great power. It would be nice if they…](https://sms4smile.com/quotes/jeffrey-pfeffer/business-school-graduates-from-the-best-schools-earn-large-salaries/) [Jeffrey Pfeffer](https://sms4smile.com/quotes/author/jeffrey-pfeffer/) > [In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation…](https://sms4smile.com/quotes/martin-feldstein/in-short-both-experience-and-economic-theory-imply-that-the-us-could/) [Martin Feldstein](https://sms4smile.com/quotes/author/martin-feldstein/) > [Put plainly, China seems determined to steal its way up the economic ladder, at our expense.](https://sms4smile.com/quotes/christopher-a-wray/put-plainly-china-seems-determined-to-steal-its-way-up-the-economic/) [Christopher A. Wray](https://sms4smile.com/quotes/author/christopher-a-wray/) > [There are no two countries with the same style of economic mechanism, with the same capitalism.](https://sms4smile.com/quotes/anatoly-chubais/there-are-no-two-countries-with-the-same-style-of-economic-mechanism/) [Anatoly Chubais](https://sms4smile.com/quotes/author/anatoly-chubais/) Browse all 6,235 Economic quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "There can be no liberty unless there is economic liberty.", "creator": { "@type": "Person", "name": "Margaret Thatcher" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/margaret-thatcher/there-can-be-no-liberty-unless-there-is-economic-liberty/", "about": { "@type": "Thing", "name": "Economic" }, "@id": "https://sms4smile.com/quotes/margaret-thatcher/there-can-be-no-liberty-unless-there-is-economic-liberty/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/6e5/margaret-thatcher-463_economic_there-can-be-no-liberty-unless-there-is_951705.jpg", "contentUrl": "https://sms4smile.com/quotes/i/6e5/margaret-thatcher-463_economic_there-can-be-no-liberty-unless-there-is_951705.jpg", "url": "https://sms4smile.com/quotes/i/6e5/margaret-thatcher-463_economic_there-can-be-no-liberty-unless-there-is_951705.jpg", "width": 1080, "height": 1080, "caption": "“There can be no liberty unless there is economic liberty.” — Margaret Thatcher", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Margaret Thatcher", "item": "https://sms4smile.com/quotes/author/margaret-thatcher/" }, { "@type": "ListItem", "position": 4, "name": "There can be no liberty unless...", "item": "https://sms4smile.com/quotes/margaret-thatcher/there-can-be-no-liberty-unless-there-is-economic-liberty/" } ], "@id": "https://sms4smile.com/quotes/margaret-thatcher/there-can-be-no-liberty-unless-there-is-economic-liberty/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```