Home
/
RELIGION & LIBERTY ONLINE
/
What Margaret Thatcher understood about income inequality
What Margaret Thatcher understood about income inequality
Dec 31, 2025 7:52 AM

Margaret Thatcher once told an interviewer, “Of course, I am obstinate in defending our liberties and our law. That is why I carry a big handbag.” During her time as Prime Minister, Thatcher’s handbag became an iconic symbol of her ability to handle opponents. The term “handbagging” even entered the Oxford English Dictionary (the verb “to handbag” is defined as: (of a woman politician), treat (a person, idea etc) ruthlessly or insensitively) to describe her rhetorical style.

Thatcher’s handbagging usually occurred during Question Time, the hour every day when members of the parliament ask questions of government ministers—including the prime minister—which they are obliged to answer. A prime example is in her last appearance as Prime Minister in the House of Commons, on November 22, 1990. Liberal Democrat MP Simon Hughes taunts her on the subject of e inequality.

Mr. Hughes: There is no doubt that the Prime Minister, in many ways, has achieved substantial success. There is one statistic, however, that I understand is not challenged, and that is that, during her 11 years as Prime Minister, the gap between the richest 10 per cent. and the poorest 10 per cent. in this country has widened substantially. At the end of her chapter of British politics, how can she say that she can justify the fact that many people in a constituency such as mine are relatively much poorer, much less well housed and much less well provided for than they were in 1979? Surely she accepts that that is not a record that she or any Prime Minister can be proud of.

The Prime Minister: People on all levels of e are better off than they were in 1979. The hon. Gentleman is saying that he would rather that the poor were poorer, provided that the rich were less rich. That way one will never create the wealth for better social services, as we have. What a policy. Yes, he would rather have the poor poorer, provided that the rich were less rich. That is the Liberal policy.

Mr. Hughes: No.

The Prime Minister: Yes, it came out. The hon. Member did not intend it to, but it did.

As Thatcher might say, those concerned with e inequality many not intend for it e out, but making the rich less rich is precisely what they want—indeed, it is the only thing that can solve the faux-problem of e inequality.

Consider the example given by Mr. Hughes that, “the gap between the richest 10 percent and the poorest 10 percent has widened substantially.” To simply the math, let’s say the bottom 10 percent in a country make between $0 and $10,000 a year while the richest 10 percent make an annual e of $100,000. That’s a minimum gap of $90,000 dollars.

Now imagine if the es doubled over a period of 10 years (and inflation stayed low). The poorest 10 percent would now make between $0 to $20,000 and the poorest would make $200,000. Everyone would appear to be better off yet e inequality also doubled. The gap is now $180,000—twice as much as it was a decade ago.

So is this a problem? It would only be a concern under three conditions: (a) if the e of the rich increased at the expense of the poor (through exploitation or injustice), (b) the increase was due to illegal activity, or (c) if you care about e inequality because you want to make the rich less rich, through confiscation or redistribution of e.

Preventing or correcting Condition B is a primary concern of the State while preventing or correcting Condition A is a primary economic concern of individual Christians. There are numerous Biblical injunctions and warnings against the injustice of allowing the rich to exploit the poor. But if that is not occurring, then Christians have no right to be concerned with how much e another person is generating. Jesus even told a parable about workers making different wages for the same work (Matthew 20:1-16). While the purpose of the parable was to teach us about the Kingdom of God rather than a managerial lesson on e parity, it does show that differences of e—even for the same work— is not inherently unfair.

Thatcher intuitively understood what her opponents were loathe to admit: They were less concerned about the plight of the poor than with the wealth of the rich. Even the liberal British expatriate Andrew Sullivan admits this was true of British liberals and socialists:

No culture I know of is more brutally unkind to its public figures, hateful toward anyone with a degree of success or money, or more willing to ascribe an individual’s achievements to something other than their own ability. The Britain I grew up with was, in this specific sense, profoundly leftist in the worst sense. It was cheap and greedy and yet hostile to anyone with initiative, self-esteem, and the ability to make money.

The clip below captures the left-liberal sentiment of the time perfectly. Yes: the British left would prefer to keep everyone poorer if it meant preventing a few getting richer.

Envy, even when is it disguised as egalitarianism, is a deadly sin. It is corrosive to the soul to envy the wealth of one’s neighbor and destructive to society when we desire the State use it’s power to redistribute the wealth of citizens simply to achieve the goal of more equalized es. Ms. Thatcher understood that concerns about e inequality were really about envy. She knew envy was consuming her opponents across the aisle, even though they couldn’t see what was hiding in their own hearts. We need to follow her example and expose e inequality for what it is, before it consumes our own nation as it did Great Britain.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Bernie Sanders’ pagan view of charity
Bernie Sanders holds a pagan view of charity. I mean that not in a pejorative but in a denotative sense: Sanders’ preference for government programs over private philanthropy echoes that of ancient pagan rulers. Sanders, a democratic socialist, has said that private charity should not exist, because it usurps the authority of the government. Sanders voiced this antipathy at a United Way meeting shortly after being elected mayor of Burlington in 1981. The New York Times reported: “I don’t believe...
Bloomberg and Sanders are both wrong about money in politics
Super Tuesday – the single day in the U.S. presidential primaries with the most delegates at stake – e and gone, and so have quite a few presidential candidates. Former South Bend Mayor Pete Buttigieg and Senator Amy Klobuchar (D-MN) both dropped out before Tuesday and endorsed former Vice President Joe Biden. After lackluster performances on Tuesday, both former New York City Mayor Michael Bloomberg and his debate nemesis, Senator Elizabeth Warren of Massachusetts, have dropped out, as well. The...
Acton Line podcast: The biggest problems of national conservatism
In recent years, a rift has opened within American conservatism, a series of divisions animated in part by the 2016 presidential election and also by a right concern with an increasingly progressive culture. Among these divisions is a growing split between self-professing liberal and illiberal conservatives as some on the right scramble to give explanation for a culture which has e hostile to civil society and traditional institutions, most notably the family. One movement which has grown out of this...
Hubris old and new
Adam MacLeod, a law professor at Faulkner University in Alabama, wrote a couple of years ago in the New Boston Post of “chronological snobbery,” the idea that “moral knowledge progresses inevitably, such that later generations are morally and intellectually superior to earlier generations, and that the older the source the more morally suspect that source is.” We don’t have to look too hard to see how widespread this attitude is now. No other age has had the hubris of ours....
Acton Commentary: Liberty for AOC but not for thee
During a congressional hearing late last week, Alexandria Ocasio-Cortez likened Christians who refuse to perform medical procedures that violate their religious beliefs to Klansmen, segregationists, and slaveholders. But in this week’s Acton Commentary, Rev. Gregory Jensen writes that it is the congresswoman who shares the Jim Crow tactics of using the government to deny other people their inalienable rights. In a video clip that went viral, AOC, a democratic socialist, said that Christians lack the right to live according to...
Clayton Christensen: ‘If you take away religion, you can’t hire enough police’
The Founding Fathers understood, in the words of John Adams, that “we have no government armed with power capable of contending with human passions unbridled by morality and religion.” An Ivy League professor recently heard the same conclusion repeated by a Chinese Marxist. “I had no idea how critical religion is to the functioning of democracy,” the economist told Clayton Christensen. Christensen, who died last month at the age of 67, taught business administration at Harvard Business School and served...
The Green New Deal sits on a throne of lies
Alexandria Ocasio-Cortez intended the Green New Deal to cement her position as the intellectual leader of the democratic socialist movement, but even passing scrutiny caused the $93 trillion proposal to fade into obscurity. In an attempt to revive her signature plan, the New York congresswoman read the entire text of the bill during a ponderous speech before the House of Representatives. More than a year may have passed since the plan’s critics snickered at its proposals to end air travel...
For Roger Scruton, philosophy and culture were inseparable
It’s almost two months since the death of perhaps the twentieth century’s most important conservative philosopher, Sir Roger Scruton, but discussion of the significance of his work and life continues to occupy a great deal of space in journals, opinion pieces and on the airwaves. Like many others, I have found myself looking again at many of Scruton’s great books, such as his classic “The Meaning of Conservatism” (1980), the very reflective “England: An Elegy” (2000) and the aesthetic arguments...
3 books to help you think and talk about politics without practicing politics
When people talk about politics, they are usually discussing passions and interests, often with a whole lot of passion and interest. This is why prohibitions exist in polite society against talking about politics. Political discussions about issues, parties, or candidates are often performative recitations of opinion: yesterday’s knowledge, right or wrong, applied to today’s situation. These debates can be engaging, enraging, or enjoyable. It is this sort of politics that, as Henry Adams observed, “as a practice, whatever its professions,...
As it turns out, Lake Erie does not have ‘rights’
Last week, a federal district court judge in Ohio declared that the city of Toledo’s move to establish a Lake Erie Bill of Rights, or LEBOR, was invalid. Judge Jack Zouhary put it this way: Frustrated by the status quo, LEBOR supporters knocked on doors, engaged their fellow citizens, and used the democratic process to pursue a well-intentioned goal: the protection of Lake Erie. As written, however, LEBOR fails to achieve that goal. This is not a close call. LEBOR...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved