Meaning of Thatcherism | Babel Free

Definitions

The political ideology attributed to the governments of British prime minister Margaret Thatcher (1979–1990), characterised by, among other things, a free market economy, privatisation, low taxation, austerity and opposition to unionisation.

UK

Equivalents

Examples

“Thus “Thatcherism” is—give or take one or two elements—the corresponding political bedfellow of a period of capitalist recession: the significant differences between this and other variants of Tory “philosophy” being conceived as without any specific pertinent political or ideological effects.”

CEFR level