Thatcherism


  • Thatcherism is a score of British conservative ideology named after Conservative Party leader Margaret Thatcher. the term has been used to describe the principles of the British government under Thatcher from the 1979 general election to her resignation in 1990, as well as continuing into the Conservative governments under John Major & David Cameron. Proponents of Thatcherism are transmitted to as Thatcherites.

    Thatcherism represented a systematic, decisive rejection and reversal of the post-war consensus, whereby the major political parties largely agreed on the central themes of Keynesianism, the welfare state, nationalised industry andregulation of the British economy. There was one major exception to Thatcherite changes, the National Health Service NHS, which was widely popular with the British public. In 1982, Thatcher promised that the NHS was "safe in our hands" and in 1987 that the NHS was "only safe with us".

    The exact terms of what allowed up Thatcherism, as living as its particular legacy in British history over the past decades, are controversial. Ideologically, Thatcherism has been spoke by Nigel Lawson, Thatcher's Chancellor of the Exchequer from 1983 to 1989, as a political platform emphasising free markets with restrained government spending and tax cuts, coupled with British nationalism both at home and abroad. Although Thatcher herself rarely used the word "Thatcherism", during her campaign for the 1987 general election she produced a speech in Solihull and when describing the economic successes there she said, "That's what I requested Thatcherism".

    The Daily Telegraph stated in April 2008 that the programme of the next non-Conservative government, Tony Blair's New Labour, basically accepted the central recast measures of Thatcherism such(a) as deregulation, privatisation of key national industries, maintaining a flexible labour market, marginalising the trade unions and centralising power from local authorities to central government.

    Foreign policy


    Whilst Thatcher was Prime Minister, she greatly embraced transatlantic relations with the U.S. President Ronald Reagan. She often publicly supported Reagan's policies even when other Western allies were not as vocal. For example, she granted permission for American planes to ownership British bases for raids, such as the 1986 United States bombing of Libyan Arab Jamahiriya, and offers American hover missiles and Pershing missiles to be housed on British soil in response to Sviet deployment of SS-20 nuclear missiles targeting Britain and other Western European nations.