[…] all the major economies because we went all in on financialisation, a process that did not start with Brown. It started under the governments led by Margaret Thatcher. Brown then accelerated it and the over-extended and over-leveraged banks became far too big relative to the rest of the economy. To give a proper sense […]
[PDF file]: […] government to direct the economy; and no reacquisition of the privatised state assets, the roughly £100 billion of taxationcreated assets flogged-off for around £50 billion during the Thatcher years. All talk of justice, fairness and redistribution had been stripped from the vocabulary. They had learned the central mantra of neo-liberalism: private good, public bad. […]
[PDF file]: […] corporatism, as it became known, proved difficult to implement, though the economic results of those years in terms of output and employment were infinitely better than the Thatcher experiments which followed them. Under Thatcher, Howe and Lawson, the overseas sector was given everything it had always wanted – no exchange controls, high interest rates […]
[PDF file]: […] spend sufficient money maintaining it.’ (p. 215) Grenfell Tower was completed in 1974 and built to the mandatory ParkerMorris standards for space, heating and amenity which Margaret Thatcher effectively ended in 1980. The wealthy part of reportedly the most unequal borough in the country – home at one time to Cameron’s ‘Notting Hill set’ […]
[PDF file]: […] actual evidence of its existence. The DVD did not originate in Shrimpton’s mind. As far as I can tell, it originated in the mind of self-styled former Thatcher advisor, the late Christopher Story, who also (along with one time Joint Intelligence Committee chairman Percy Cradock) believed that the fall of Communism was a hoax […]
[…] phrase ‘the change of government’: ‘The thing is there were some senior people in the forces at the time who were very right-wing and they thought that Thatcher coming in gave them carte blanche to get up to all sorts of things. We heard whispers that some of these people were trying to destabilise […]
[PDF file]: […] immense hardship, the daily abuse of the press and a degree of police repression not seen since the 1930s. As he points out, the union argued that Thatcher ‘had 70 pits on a secret hit list’ and planned the effective destruction of the coal industry, something that was vehemently and categorically denied at the […]
[PDF file]: […] academic learning and wealth creation’, so much so that ‘the country appears to be betraying its commitment – however distant – to meritocracy’. He actually argues that Thatcher, Major and Blair tried to squeeze the ‘rejuvenated aristocracy’ out of politics – which rather misses the point about their governments. Each of them which presided […]
[…] British conservative movement. In some ways Thatcher’s children really are Rand’s offspring. It was Rand who first said ‘There is no such thing as society’,84 echoed by Thatcher in 1987. Whether or not Thatcher had read Rand is, as far as I know, still unclear. Nevertheless Mrs Thatcher wanted to take Britain back to […]
[…] British conservative movement. In some ways Thatcher’s children really are Rand’s offspring. It was Rand who first said ‘There is no such thing as society’,84 echoed by Thatcher in 1987. Whether or not Thatcher had read Rand is, as far as I know, still unclear. Nevertheless Mrs Thatcher wanted to take Britain back to […]
