Word: thatcherism
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...been five years since Margaret Thatcher resigned as Britain's Prime Minister. In her heyday she strode the international headlines with such bravura that she seemed inevitable, a natural force. The world stage seemed just the right size for her, as she chaffed her conservative soul mate Ronald Reagan or flattered the "new man," Mikhail Gorbachev...
...Path to Power (HarperCollins; 656 pages; $30), the second volume of her autobiography, makes clear, Thatcher was probably too simple and direct for the Tories, with their heavy baggage of class and compromise. She traveled light, proud of her roots as a grocer's daughter from the small town of Grantham but never tethered by working-class resentments or delusions of inferiority. Her parents taught her the verities they believed in: Methodism, hard work, thrift and the importance of the individual. She has never wavered from them, and they run through the book...
From the start, she notes almost with bemusement, there was a contrast between her own "executive style" and her colleagues' "more consultive style." Thatcher laid down the law. In her 11-year leadership, she broke the crippling power of British unions, made many thousands of her countrymen homeowners, strengthened British ties with the U.S. and the Soviet Union and gave voice to Britain's reluctance about joining...
...final section on the '90s political scene, she calls for renewed dedication to her principles. The imperiled John Major cannot take comfort in the timing of The Path to Power. Thatcher has relentlessly flogged the book in Britain and the U.S., giving TV interviews that scourge what she sees as the collapse of her country's leadership. The one thing she doesn't say is that as this old century draws to a close, there simply aren't that many leaders. Thatcher...
When Major took over from Margaret Thatcher in 1990, Tories hoped his softer, more conciliatory manner would win them voter approval. He did lead the party to a surprise, come-from-behind victory in the 1992 election--albeit with considerable help from an overconfident Labour campaign. Major has helped broker progress toward peace in Northern Ireland, a considerable achievement. He can also be credited with overseeing a striking economic upturn. Economic growth is strong, exports are booming, and unemployment is at 8.5%, one of the lowest levels in the E.U. This robust performance is dampened only by a continued weakness...