Thatcherism
E3391
Thatcherism is a political ideology associated with the leadership of Margaret Thatcher, emphasizing free-market economics, deregulation, privatization of state-owned industries, and a reduced role for the state in the economy.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Thatcherism (familial association) | 1 |
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
conservatism
ⓘ
political ideology ⓘ |
| associatedWith |
Conservative Party (UK)
ⓘ
Margaret Thatcher ⓘ |
| corePrinciple |
controlling inflation
ⓘ
curbing trade union power ⓘ deregulation ⓘ economic liberalism ⓘ entrepreneurship ⓘ fiscal restraint ⓘ free-market economics ⓘ individualism ⓘ monetarism ⓘ opposition to socialism ⓘ privatization of state-owned industries ⓘ promotion of home ownership ⓘ reduced role of the state in the economy ⓘ tax cuts ⓘ |
| countryOfOrigin | United Kingdom ⓘ |
| economicPolicy |
financial sector deregulation
ⓘ
market-oriented reforms ⓘ privatization of nationalized industries ⓘ reduction of direct taxation ⓘ reduction of public spending growth ⓘ |
| emergedInPeriod | late 1970s ⓘ |
| hasDebateOver |
deindustrialization consequences
ⓘ
impact on public services ⓘ social inequality effects ⓘ |
| ideologicalPosition |
New Right
ⓘ
neoliberal ⓘ right-wing ⓘ |
| implementedBy | Margaret Thatcher government ⓘ |
| implementedInPeriod | 1979–1990 ⓘ |
| influenced |
Reaganomics
ⓘ
global neoliberal reforms ⓘ post-1979 UK economic policy ⓘ |
| influentialDuring | 1980s ⓘ |
| namedAfter | Margaret Thatcher ⓘ |
| opposedTo |
Keynesian demand management
ⓘ
extensive state ownership ⓘ strong trade union power ⓘ |
| regionOfInfluence |
Anglosphere
ⓘ
United Kingdom ⓘ Western Europe ⓘ |
| relatedConcept |
Chicago School economics
ⓘ
Reaganomics ⓘ
surface form:
Reaganism
neoliberalism ⓘ |
| socialPolicy |
emphasis on law and order
ⓘ
emphasis on traditional values ⓘ skepticism toward welfare expansion ⓘ |
Referenced by (8)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Thatcherism (familial association)