Saturday, July 13, 2019

Thatcherism Without Margaret Thatcher

Forty years on, Margaret Thatcher's election as Great Britain's first female prime minister still looks miraculous.

Thatcher recognized the economic crisis as a failure of politics.

Before Thatcher took office, "Privatization" was a word out of science fiction; ten years after she left office, it was a global norm.

Thatcher was guided by ideology without being an ideologue, as the third and final volume of Charles Moore's biography demonstrates.

Thatcher aimed to stimulate self-reliance and independence, and she saw these virtues threatened by the culture of passivity that statism engenders.

Alfred Sherman-indispensable as an early advisor and speechwriter but eventually excluded from her inner circle-once told me that Thatcher never read Friedrich Hayek or Milton Friedman, as she had claimed, but only Frederic Bastiat.

Thatcher embodied the highest qualities of leadership.

https://www.city-journal.org/margaret-thatcher-thatcherism

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