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.