Analyzing Thatcherism: An Economic and Social Reeducation by PJ

Margaret Thatcher became Britains starting signal ever female Prime Minister pastime the general election in May of 1979. She and her cabinet inherit a country in peril. The economy was marred by a rising set out of inflation and levels of unemployment not seen since the aboriginal 1930s. The policy of past political relations was for direct action on prices and yield to curb rising inflation rates and to adopt an expansionary monetary policy to slow unemployment. Despite the best intentions of governments of both semipolitical parties, each successive government over the prior 30 years experienced a higher average rate of both unemployment and inflation than its predecessors. The outlook seemed bleak to most of society. Miseducated Britons, products of a shoddy education system, walked an uneasy path to the future. Thatchers right-wing upshot to this economic and social Labour plight was an ideology that came to be kn avow as Thatcherism. Pushed on the nation by Thatcher and her absolute will and personality, the policies of her ideology transformed Britain from a nation plagued by Socialist rot in to a world world-beater yet again.

        Thatcherism was defined by its combination of monetarism, belief in market forces, a strong, yet unintrusive, government, anti-Socialism, strong nationalist beliefs and greatness in the improvement of education.



These sweeping changes, so contradictory to the anterior governmental mindset, were only successfully adopted as Thatchers government turned its back on the consensus politics that had dominated Britain since 1945. She preferred a confrontational style of politics and in her own words described the old consensus style to be the passage of abandoning all beliefs, principles, values and policies in the search of something in which no one believes but to which no one objects.

        One of the first problems Thatcherism dealt with was the steeply rising inflation rate. Public spending...

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