Thursday, April 11, 2013

The Iron Lady


This is not the post I originally planned on writing but this occasion was so momentousness that it needs to be discussed. If it does not fit the context of the blog I apologize and I will do my best to make it work. I will also try to be as unbiased as possible as I still have family in England who are all Irish immigrants, one uncle who was a miner......    

Unless you have been living under a rock this past week, you would know that Margaret Thatcher is dead. The ex prime minister of Great Britain passed away at 87 on Monday. This post will discuss Margaret's connection here in the United Sates, her impact on the UK, and to try to connect it to the course I will discuss how I feel Margaret policies would work today here in the states.  

Even if one did not care for Thatcher it is hard to deny that she was one of the most influential women in the world. She was prime minister from 1979 to 1990. She led to an ideological change in the UK going away from the "welfare state." Thatcher stood up to trade unions and the strong Labour Party. She despised Socialism and the Soviet Union. Though Thatcher did not single handedly bring down the Soviet Union, she did play a vital part in the Cold War leading to the death of Socialism.  

Perhaps her greatest downfall, in the eyes of British citizens, was how she treated the lower class. With privatization, the raising of the VAT, a huge unemployment rare with no real help on the horizon, and claiming there is no such thing as a society. People believed she only cared about the rich and pushed a false sense of nationalism to a falling empire. This sentiment of her legacy can be demonstrated in this quote shown below from an Op ed piece from TheSpec.com         

 "her greatest contribution to politics, and the foundation of the right’s political success over recent decades, was not ideological but tactical. She was the first politician to grasp the fact that with the decline of the old working class, it had become possible to win elections on a platform that simply ignored the wishes and needs of the poor. There weren’t as many of them as there used to be, and the poorest among them usually failed to vote at all." 

Thatcherism and Reaganomics go hand in hand. Thatcherism promoted free markets, financial discipline, small state, firm control over public expenditure, tax cuts (for the rich) populism and nationalism. I did not see Thatcher as a Tory but rather a 19th century liberal with a libertarian twist.  

I believe Thatcher’s policies would not be too kind to the American people but I could see it getting great support from conservative right. Thatcher, to put it in American terms, is the female Ronald Regan. I suppose that many conservatives would like the idea of a hands off approach to economics. Everything should be left to the individual. Monetarism should reign supreme.  Conservatives would love to see welfare cut back and might support frivolous wars in the terms of “national interest” (IE the Falklands).

Despite what you think of Thatcher, one cannot argue that she has a profound effect on the western world today in how conservative governments operate. The Iron Lady always be remembered whether if it is with love or hate that is for you to decide.   

For your listening pleasure: Billy Bragg Thatcherites          





SOURCES
http://www.nydailynews.com/opinion/importance-margaret-thatcher-article-1.1311615
http://www.economist.com/blogs/lexington/2013/04/margaret-thatcher-and-america
http://www.thespec.com/opinion/columns/article/915328--dyer-why-margaret-thatcher-was-important
http://www.bbc.co.uk/news/uk-politics-22079683
       

4 comments:

Brandi said...

I think you did a good job connecting it to American Politics. I agree the today conservative republican would love her. I like the personal connection you share with this article as well

Unknown said...

I find connecting Margaret Thatcher to American politics today an interesting thought to explore. While she may appeal to many of the ultra-conservatives today, like you mentioned, I do not feel like she would have the ability to win a presidential election. Correctly nick-named the Iron Lady, Margaret Thatcher was known to have an antagonizing personality. Some of her concepts such as her dislike for “welfare” and hatred of socialism sound like ultra conservative ideologies, however I don’t believe a woman with such an unforgiving personality could win any popularity contests. That is unfortunate to say—perhaps if Margaret Thatcher were a man she would be remembered differently.

Unknown said...

I think part of the reason of what made Maggie so important is that she was a woman. She as the first female PM and had some of the most radical views in Britain at the time. And I completely agree she would win no popularity contest if she was a man or a woman.

Angelica said...

I loved reading this, I am very much interested in British politics and they are very much similar and it was nice to see this connection.