The Iron Lady Essay

2656 words - 11 pages

Content2Abstract 3Introduction 41. The Economy of the Thatcher-period 41.1 Economy and taxes 61.2 The miner's strike 73. Foreign affairs 94. Thatcherism: the ideology 11Conclusion 13List of references AbstractThe aim of this paper is to present Margaret Thatcher's premiership focusing on decisions that determined her "reign" and the period following it. Thatcher was a very divisive person in British political life, she had as many opponents as supporters, and her actions are still a matter of disputes among experts. Thatcherism became an ideology, and this is somewhat against what a conservative party suggests; however, it will be presented in the paper that actually many of Thatcher's decisions and actions were against conservative thoughts, which sometimes made the members of her own party sceptical.I aimed at presenting the most popular and unpopular actions in order to find out what made up the ideology of Thatcherism. The opinions of supporters and opponents will be introduced when the ideology is discussed.IntroductionMargaret Thathcer was a person in British history who determined its politics and life not only during her premiership but also after her role of 11 years and three successful elections. She was - and still is, even after her death - a very divisive person: critics openly hate her while supporters claim she actually saved Britain from destruction.Thatcher's premiership was preceded by the Heath government and the Conservative Party but due to their trouble with oil embargoes and union demands for increasing wages in 1973, they lost the general elections in 1974, and the Labour could form a minority government. Thatcher became the leader of the Conservative Party in 1975, and also the leader of the Opposition. During this period that preceded her premiership, she did not make her negative attitude towards Soviet Communism a secret. One of her famous speeches was made in Kensington Town Hall on 19 January 1976, where she made a comment on the Soviet Union:The Russians are bent on world dominance, and they are rapidly acquiring the means to become the most powerful imperial nation the world has seen. The men in the Soviet Politburo do not have to worry about the ebb and flow of public opinion. They put guns before butter, while we put just about everything before guns.Reacting on this comment, Krasnaya Zvezda, the Soviet Defence Ministry newspaper called her "The Iron Lady", however, Thathcer was happy to adopt this title. This name would be characteristic to all she did during her premiership, often seemingly going against sober mind, and neglecting all advices and warnings from others. Actually, the fact that she was the first (and so far, the last) female Prime Minister, also indicates that she deserved the Iron Lady title.The aim of this paper is to present the so-called Thatcherism focusing on its supportive and critical views and decisions made by Thatcher which determined the politics of Britain even after her term.1. The...

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