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Thatcherism

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Thatcherism

by Stephen Lendman

Thatcher destroyed social Britain.

Thatcherism represents Chicago School fundamentalism writ large. She's gone. She won't be missed. 

She launched a corporatist revolution. She headed Britain down a slippery slope toward unfettered predatory capitalism. 

She transferred public wealth to private hands. She privatized British Telecom, British Gas, British Airways, British Steel and other state enterprises.

She force-fed deregulation. She cut social benefits. She enacted corporate-friendly tax cuts. She cracked down hard on non-believers. She waged war on labor.

In 1984, she unleashed thousands of truncheon-wielding riot police against striking coal miners. Doing so sent a message. Worker rights no longer mattered. "New realism" became code language. Free market fundamentalism was policy.

UK Prime Minister David Cameron twisted truth saying:

"Margaret Thatcher's government was defined by taking the side of the people against the powerful, the vested interests - those whose survival depended on keeping things as they were."

Wall Street Journal editors called her "Maggie the great".The woman who save Britain with a message of freedom."

New York Times editors said she was "a pathbreaker from the moment she took office." She "sparked" a "capitalist revival."

According to Washington Post editors, she was "in every sense a leader."

John Pilger was right saying:

"Margaret Thatcher's government was defined by overseeing the greatest ever transfer of wealth from the bottom of society to the top." 

"In the name of little people, she handed billions to the richest in tax cuts and de-regulation, a theft from which Britain has never recovered."

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.
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Lendman says: "Britain today is troubled. It's hea... by James Carlisle on Wednesday, Apr 10, 2013 at 2:23:46 PM
"Fortunately" the U.S. was in the process of elect... by Gentry L Rowsey on Thursday, Apr 11, 2013 at 11:29:29 AM