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Does Thatcherism mark a radical break in British Politics - Essay Example

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Does Thatcherism mark a radical break in British Politics? Name: Institution: Introduction Starting from 1979 with the first female British Prime Minister Margaret Thatcher, the ideology of Thatcherism refers to a political system of conviction that resulted in radical economic and social policy changes leading to the formulation of a conservative creed of politician…
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Does Thatcherism mark a radical break in British Politics
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Download file to see previous pages The political system implemented a number of social and economic reforms that stabilized the British society on the pillars of constant economic growth and peaceful coexistence of the citizens. The political ideologies fostered by Thatcherism fostered a classical liberalism comparable to the Rogernomics in the United States of America, in New Zealand and the economic rationalism in Australia. The system promoted reduction in the inflation rates and a free market implemented via a tight control of the supply of money into the market. These economic policies resulted in extensive privatization of some of the previous government institutions to give the citizens more control of the economy; it also led to extensive labor reforms (Johnson, 1988). The labor reforms made working conditions better for most of the civil service, and the expansion of the private sector increased the sector’s ability to offer more employment to the population. All these efforts contributed to the development of a strong economy that was the dream of Margret Thatcher and, as research shows, other leaders that had come before her. Butler, Adonis & Travers, (1994) explain that Thatcherism as a system of politics introduced a unique system of governance that the previous regimes had not thought of before. After assuming office in 1979, Thatcher understood why numerous critics had previously referred the country to as ungovernable. Thatcher, on the contrary, sought to stamp her authority as the leader of the most famous political party and as the leader of the government. In most occasions, she bypassed a number of preexisting structures of governance such as parliamentary and cabinet commissions and portrayed a more personal leader of the government especially during crises. This form of administration proved fundamental in times of crises, Thatcher stamped her authority during the Falkland wars and the IRA bombs both in which she took over the management of the military and brought sanity and order once again (Adeney & Lloyd, 1988). With the wide success of the more personal form of administration, Thatcher managed to build a more prosperous society free from terror attacks despite the strong economic growth. The military expanded and developed more loyalty to the leader of the government. The country had previously yearned for this type of governance, and she developed a stable economy, the one in which law, order reigned, and the populace portrayed more spirit of patriotism towards their nation. Thatcher thus tried and tested the new form of governance and passed the mantle to other preceding regimes. To this day and through the elaborative form of David Cameron’s regime, it is evident that the prime minister is more involved with the populace and stamps his authority in the formulation and implementation of policies. Margret Thatcher made official the political system, but prior to her, a number of other political leaders had tried to introduce the radical economic reforms and give more economic power to the common person. The decades before Thatcherism, the country had a less favored system of politics referred to as the Buttskellite consensus. This was a purely capitalist system of leadership that made a few influential persons extremely wealthy while the rest of the population was left in abject poverty. Capitalist system of ...Download file to see next pagesRead More
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