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Margaret Thatcher was elected Prime Minister of Britain
in 1979 and brought with her an agenda which was to rock the country
and the world. Her new conservatism was quickly taken up by America
and many other industrialize countries. By the time she had left
office Britain was on a strong business/conservative course, the
unions had been tamed Thatcher started, the political landscape had
been completed reshaped and the Cold War was over with Soviet Union no
longer in existence. She was born in Grantham in 1925 and grew
up as a hard working entrepreneurial spirit. As England entered a
period of increasing belief in state intervention in it's citizens
private affairs, she developed a deep belief in self reliance and the
power of the individual. Through hard work and determination she won
scholarships which allowed her to earn two degrees from Oxford in
Chemistry and Law. |
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Ideological Soul Mates |
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In Oxford she
developed a passion for politics and at the age of 34 was
able to get the nomination in the strong Tory riding of
Finchley in North London. She was elected to Parliament and
by the age of 44 she had become the Minister of Education.
By 1975 the Tories were split between following a slowing
evolving middle of the road philosophy and returning to the
conservative roots of it's past. Edward Heath led the first
faction and when no one in the part was willing to step
forward to lead the right wing group Thatcher stepped up and
challenged Heath for the party leadership - she lost. The
Tories also lost to the labour Party in the General
election. |
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Thatcher
carefully prepared for the next leadership convention and by
offering a clear alternative to the Union controlled agenda
of the Labour party, she was able to gain the support of the
Conservative Party and a general election win in 1979. She
acted quickly moving to privatize large state owned
industries such as British Airways and British Steel. These
money losing industries were turned around and become
profitable companies. This revolution however was not
immediate in it's results and by 1982 with a slowing economy
and increasing unemployment Thatcher was in danger of
becoming a one term Prime Minister. Her support had dropped
and the country was questioning the dismantling of the
social structure which had been growing since the end of
world war II. At this point in time Argentina choose to
relieve it's own internal dissatisfaction by attacking and
taking the Falkland Islands from Britain. The Argentina
leadership felt that England was a tired depleted power who
would accept the loss of these unimportant isolated Islands
without a fight. Thatcher saw her opportunity and lepta.
England would not accept aggression, would not stand by and
negotiate, England would take back the Islands by military
force in the process mobilize the nationalism in the country
behind a resurgent pride in the Empire and the principles
for which it had traditional stood. The resultant victory
over Argentina brought Thatcher another electoral victory
and the opportunity to stay the course. |
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The Falklands War - Britannia Rules the Waves again |
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Her friendly
and ideologically compatible relationship with President
Reagan insured that they would aim for and pursue the same
economic and geopolitical objectives. Privatization was
accelerated and the battle with the Unions came to a head in
1984-85 when Thatcher refused to give into a national
coal miners strike. In March of 1985 the miners were broken
and the privatization of the country took on a new urgency
and the old socialist ideals of Europe thrown out. |
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Deregulation,
tax cuts, business incentives, open markets all became the
catch phrases of the new conservatism. The cold war was also
pushed to a new level. With Reagan, Thatcher pursued a
policy of confronting the Soviet Bloc on every front,
pushing the Soviets on the economic, military, social, and
human rights issues that were becoming more and more
difficult for the Soviet leadership. In 1985 Mikhail
Gorbachev came to power in the USSR and his policy of
openness and reform brought about changes which once set in
motion could not be stopped. By 1990 the Soviet Union
imploded and the free market philosophy go Reagan and
Thatcher were generally accepted as the winning blueprint
for the post cold war world. Unfortunately for Thatcher the
success of her policies and the strength of her personality
during the years of the Thatcher revolution had created many
opponents not only in the political environment of England
but with her own conservative party. |
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Forced from power |
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As a fourth
generally election was approaching she showed no sign of
slowing down or stepping down. She was pushing as hard as
ever to further liberalize Britain's economy and society.
The fractures in the Conservative party came to the surface
and over a 6 day period a conspiracy of several members and
groups brought about her downfall as leader of the party and
hence Prime Minister. John Major was chosen as the new
Parliamentary leader of the Conservatives and the age of
Thatcher passed into history. |