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"Mrs. Thatcher at a Conservative Party Conference in 1982." Source of caption and photo: online version of the WSJ commentary quoted and cited below.

(p. C2) . . . , it was Mrs. Thatcher . . . , a couple of years after she left office, who identified the problem with European construction. It was, she said, "infused with the spirit of yesterday's future." It made the "central intellectual mistake" of assuming that "the model for future government was that of a centralized bureaucracy." As she concluded, "The day of the artificially constructed megastate is gone."

For the full commentary, see:

CHARLES MOORE. "What Would The Iron Lady Do? She preached a gospel of self-discipline, free enterprise and national autonomy. As Europe implodes and the West's economic woes mount, it's time to re-examine Margaret Thatcher's ambiguous legacy, writes Charles Moore." The Wall Street Journal (Sat., December 17, 2011): C1-C2.

(Note: ellipses added.)