In the address, Thatcher offered a
theological justification for her ideas on
capitalism and the
market economy.
Individualism One key idea in Thatcher's political thinking was
individualism, notably summed up in her 1987 statement that "there is no such thing as society". This aligns with the theme of individual personal
salvation in the evangelical
Wesleyan tradition in which she was raised. A main theme of the speech is, therefore, the individual, both in the context of
spirituality and of
economic agency. Citing a view that "Christianity is about spiritual
redemption, not
social reform", she asserted that, while it would be wrong to see these as opposites, Christians should emphasise
personal responsibility. Quoting from the hymn "
I Vow to Thee, My Country" (which had never been part of the Scottish tradition of worship), she said: "It goes on to speak of 'another country I heard of long ago' whose King can't be seen and whose armies can't be counted, but 'soul by soul and silently her shining bounds increase'. Not group by group, or party by party, or even church by church—but soul by soul—and each one counts."
Choice Choice played a significant part in
Thatcherite reforms, and she claimed it as a
Christian value by linking it with the idea that Christ chose to lay down his life and that all individuals have the God-given right to choose between
good and evil. Thus
theological ideas of free will flowed together in her thinking with
free-market ideas of
consumer choice.
Democracy The speech contains an ambivalence towards democracy. It points out that "nowhere in the Bible is the word democracy mentioned" and, ideally, when Christians meet, the purpose should not be "to ascertain what is the mind of the majority but what is the mind of the
Holy Spirit – something which may be quite different". Nevertheless, she professes to be an enthusiast for democracy because, more than any other system, it safeguards the value of the individual and restrains the abuse of power, "and that a Christian concept." Thus democracy is linked in her thinking to individualism rather than to community.
Wealth production A central pillar of Thatcherite economics was the role of
private enterprise in producing wealth. In the speech to the assembly, she linked this to biblical commands: "We are told we must work and use our talents to create wealth. '
If a man will not work he shall not eat' wrote
St. Paul to the Thessalonians. Indeed, abundance rather than poverty has a legitimacy which derives from the very nature of
Creation." However, she did not mention the
Good Samaritan; her remark that the Samaritan could not have helped if he had not been rich and that the
parable teaches us first to create wealth and then help the poor, has sometimes been cited in the context of this speech, but was made elsewhere. It has been suggested that by 1988 the Samaritan interpretation had become "an
albatross" which she avoided repeating. == Reception ==