Thatcherism
Iron Lady's doctrine
Thatcherism is the political and economic philosophy associated with British Prime Minister Margaret Thatcher (1979–1990).
It emphasizes free-market capitalism, privatization of state industries, deregulation, reduced government spending, and curbing union power.
The term often carries ideological weight—admirers invoke it as principled conviction, critics as ruthless dismantling of the welfare state: Thatcherism reshaped British politics for a generation.
State sells public assets
- deregulationRemoving governmental business restrictions
- monetarismEconomic focus on currency regulation
- free-marketUnregulated private exchange
- supply-sideProduction-centered economic theory
neoliberalism · inflation · unemployment · austerity · shareholding · enterprise · productivity · efficiency
Tough female politician nickname
- Downing StreetBritish premier's official residence
- WestminsterLondon's political center
- ToriesBritish conservative faction
- Conservative PartyRight-leaning political organization
Falklands War · British Airways · British Gas · Royal Mail · Whitehall · House of Commons · Big Bang
Supply-side fiscal philosophy
- New RightConservative resurgence movement
- neoliberalismPro-market, anti-regulation ideology
- New LabourReformed UK left-wing party
- deindustrializationLoss of industrial capacity
Doctrine of personal independence
- self-relianceDepending on oneself alone
- anti-unionOpposing worker collectives
- entrepreneurshipCreating and managing ventures
- meritocracyAdvancement through demonstrated ability
privatization
State sells public assets
- deregulationRemoving governmental business restrictions
- monetarismEconomic focus on currency regulation
- free-marketUnregulated private exchange
supply-side · neoliberalism · inflation · unemployment · austerity · shareholding · enterprise · productivity · efficiency · denationalization
Iron Lady
Tough female politician nickname
- Downing StreetBritish premier's official residence
- WestminsterLondon's political center
- ToriesBritish conservative faction
Conservative Party · Falklands War · British Airways · British Gas · Royal Mail · Whitehall · House of Commons · Big Bang
Reaganomics
Supply-side fiscal philosophy
- New RightConservative resurgence movement
- neoliberalismPro-market, anti-regulation ideology
- New LabourReformed UK left-wing party
individualism
Doctrine of personal independence
- self-relianceDepending on oneself alone
- anti-unionOpposing worker collectives
- entrepreneurshipCreating and managing ventures
- European HistoryFrench Revolution, Roman Empire, Byzantine Empire, Holy Roman Empire, Industrial Revolution
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- ToriesConservative Party, Tory, Toryism, Thatcherites, one nation
- British historyWilliam the Conqueror, Victorian era, Elizabethan era, English Civil War, Tudor era
- ScotlandGlasgow, Edinburgh, Highlands, whisky, bagpipes
- political ideologiesconservatism, conservative, anarchism, liberalism, liberal
Thatcherismsocialism
Communal economic control
communism · Marxism · collectivism · state socialism · central planning
Thatcherismsocialism
Communal economic control
collectivism · egalitarianism · communitarianism · welfarism · democratic socialism