Word: thatcherism
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Dates: during 1990-1999
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...mankind end the millennium on a note of hope and confidence. The triumph of capitalism, the almost universal acceptance of the market as indispensable to prosperity, the collapse of Soviet imperialism, the downsizing of the state on nearly every continent and in almost every country in the world--Margaret Thatcher played a part in all those transformations, and it is not easy to see how any would have occurred without...
...Thatcher was, and is, notoriously lucky. Her case is awesome testimony to the importance of sheer chance in history. In 1975 she challenged Edward Heath for the Tory leadership simply because the candidate of the party's right wing abandoned the contest at the last minute. Thatcher stepped into the breach. When she went into Heath's office to tell him her decision, he did not even bother to look up. "You'll lose," he said. "Good...
...benefit seemed to flow to Wall Street. Mergers proliferated wildly, mostly, it seemed, for the enrichment of a few financial manipulators--novelist Tom Wolfe's Masters of the Universe. Moralists bemoaned what they saw as a sanctification of greed--not only in the U.S. but also in Margaret Thatcher's Britain, Helmut Kohl's West Germany and, of all places, Red China. But unlike in the irrationally exuberant 1920s, disaster did not strike. Though stocks fell even faster on Oct. 19, 1987, than they had in 1929, they bounced back higher than ever, setting the stage for what could soon...
...movie, Kurt and Courtney, which examines and rejects allegations that Love was complicit in her husband's death, has been cut from the Sundance Film Festival because of a legal threat over music rights. Says Broomfield: "The person I was most frightened of making a film about is Margaret Thatcher. I think Courtney Love is pretty small fry in comparison." On Saturday Broomfield said there were absolutely no plans to screen his film...
DIED. JOHN WELLS, 61, satirical British writer-actor; of cancer; in London. An Oxford graduate and schoolmaster at Eton College, Wells found relief from his straitlaced company in dispatches to the humor magazine Private Eye, writing the columns Mrs. Wilson's Diary and Dear Bill--purportedly Denis Thatcher's crotchety chronicle of life with the Iron Lady...