Thatcherism

Thatcherism is the name given to the social and economic policies of Margaret Thatcher, the British Premier of 1979 until 1990. Originally, it was a dominated by the Marxist left combat term that was coined before Thatcher took office. Later followers of Thatcher took over the expression and provided him with a positive connotation. Thatcherism was not a closed theory, but a practice that can fully describe liberal with neither conservative nor the attribute with the attribute.

The term was coined by the Marxist sociologist Thatcherism Stuart Hall.

According to the sociologist Anthony Giddens, who is himself a Social Democrat and thought leader of the Labour Party, can Thatcherism characterized by the following aspects:

• Lean state
• Autonomous civil society
• " Market fundamentalism "
• Authoritarian morality in conjunction with economic individualism
• The labor market regulates itself like any other market
• Acceptance of social inequality
• Traditional nationalism and / or patriotism

• Welfare state as a genuine safety net
• Linear modernization
• Weakly trained ecological awareness
• Neo-realist thought in international politics
• Integration in the East-West contrast

In the U.S. the term was Reaganomics, named after the U.S. President Ronald Reagan, used pursued a similar policy.

Thatcher and Reagan shared a personal friendship. 2004 Thatcher held the eulogy at Reagan's funeral; Former U.S. President had asked during his lifetime it.