Margaret Thatcher, who originally said socialism runs out of 'other people's money'. Her claim was false, of course.

Do socialists really run out of other people’s money? [now on VIDEO]

Last Updated: September 25, 2025By

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You may have read this elsewhere, but now you can hear it – with pictures too!

Margaret Thatcher’s most famous line — that socialism “runs out of other people’s money” — is flat-out wrong.

Governments create money when they spend, and tax it back later.

So who really drains society’s wealth?

Not socialism — but the neoliberal elite.

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Watch this Myths Debunked short and find out why Thatcher’s soundbite was more spin than truth:


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