 | "Nor is free enterprise capitalism a free-for-all. This is not always fully understood in countries which are trying to make the difficult transition from socialism to capitalism. A properly functioning market economy must always be governed by clear rules of competition and there must be effective safeguards for investors. Capitalism cannot, in fact, operate without a strong administration to police the laws that provide its framework. And it cannot succeed without honesty. Racketeers, blackmarketeers and smugglers are not entrepreneurs - they are just plain criminals. Corruption and gangsterism are scourges which afflict many newly developing economies and states. They should be ruthlessly and fearlessly expunged. Otherwise not just the free market but freedom itself is in peril. " Lady Thatcher, Speech Delivered in Zagreb, Croatia, Sept. 16, 1998 |
|
