Anatomy of Thatcherism
Thirty years ago this month, Margaret Thatcher came to power, lending her name to a set of ideas that inspired policies to free markets from government interference. Three decades later, with world is in a slump, many on the left attribute the global crisis to these very ideas, but not all of them should be discarded.
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London – Thirty years ago this month, Margaret Thatcher came to power. Although precipitated by local conditions, the Thatcher (or more broadly the Thatcher-Reagan) revolution became an instantly recognizable global brand for a set of ideas that inspired policies to free markets from government interference. Three decades later, the world is in a slump, and many people attribute the global crisis to these very ideas.