Essay on Appraisal Of Thatcherism

Essay on Appraisal Of Thatcherism

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“Economics are the method; the object is to change the heart and soul” (Thathcer, 1981). Margaret Thatcher is undoubtedly one of the most renowned individuals in British history. Initially the first woman to be elected as party leader, who entered 10 Downing Street as the Prime Minister. Secondly her revolutionary policies and solid capitalist ideology shook Britain.
During her sovereignty which lasted eleven and a half years (May 1979-November 1990), she turned Britain upside down with her policies of fighting inflation, tackling the unions, intensify the British image in foreign affairs, the memorable privatisation and popular capitalism idea and many more. Though the pursue of those policies outcome high unemployment percentage and a lot of strikes from the public, Thatcher’s arguments on behalf for those alterations was the stressed importance of change in social attitudes in order for successfully compete with the rapidly developing world. Some of the noticeable new attitudes that persist in Britain to this day can be summarised as efficiency, entrepreneurialism, competition and independent responsibility. Thatcherism has served as a catalyst to the formation of the modern “Western/Capitalist culture” that has affected the everyday life of so many around the world.
What were those effects in the everyday person life? I will discuss in this essay.

Margaret Hilda was born in Grantham, England in 1925 to Alfred and Beatrice Roberts. Alfred was a grocer and raised his family in a flat above his shop. Most common affiliations to Maggie’s early childhood are the Victorian values she a...


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...cher, M. (1987, September 23). Interview for Woman's Own ("no such thing as society"). Margaret Thatcher [computer file] : complete public statements 1945-1990 on CD-ROM / [general editor, Christopher Collins]. (D. Keay, Interviewer) Oxford : Oxford University Press, 1999.

Thatcher, M. (1981, May 01). Mrs Thatcher; The first two years. Margaret Thatcher [computer file] : complete public statements 1945-1990 on CD-ROM / [general editor, Christopher Collins]. (R. Butt, Interviewer) Sunday Times.

Thatcher, M. (1980, October 10). Speach to Conservative party Conference. Margaret Thatcher [computer file] : complete public statements 1945-1990 on CD-ROM / [general editor, Christopher Collins]. Oxford : Oxford University Press, 1999.

Thatcher, M. (1995, June 12). The path to power and beyond. (D. Frost, Interviewer) BBC1.

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