The American Empire in a Changing World


Tuesday, October 16, 2012

''The Legacy of Thatcherism''

From New Left Project

''Three decades have now passed since Thatcher came to power, meaning that new archival material has become available to scholars under the ‘thirty year rule’.  There is also, however, a good political rationale for revisiting this period (though not one that necessarily motivates the contributors to this collection).  Those who were mindful to look at the actual evidence already knew that the lofty claims made about the record of Thatcherism were little more than triumphalist bluster.[3]  But now, in the aftermath of a spectacular financial crash and the midst of a seemingly never ending economic crisis, few can doubt that Thatcherism has been discredited.  It seems like a good time, then, to look again at the political disaster that was Thatcherism, if only to ask: how did we get here? ''

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