"Many leading UK politicians claim their inheritance of the “
#Thatcher legacy” to legitimate their proposed policies, yet it is not clear what is that legacy. Thatcher’s policies, instituted in the 1980s and broadly pursued by subsequent governments, changed the economic and social outlook of the UK. Criticism of her record is taken to indicate one is a left-wing ideologue. Our contribution in the following is that we judge Thatcher’s policies by no standards other than her own. Utilising a holistic approach, we consider whether
#neoliberal policies facilitated or undermined the UK’s achieving Thatcher’s stated moral outcomes: the growth of democratic capitalism and the strengthening of the moral economy. We demonstrate, in contrast to contemporary narratives of her “saving the country”, the neo-liberal economic experiment has
#failed to deliver, even on Thatcher’s own terms. This analysis has contemporary domestic and global implications as generally Thatcherite policies continue to be applied in the UK and in other nations around the world."
https://academic.oup.com/cje/article/44/2/319/5550923
