Word: thatcherism
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...Gorbachev would roll his eyes, and you could see him thinking 'Oh, no, not another story!' " The Soviet President enjoys discussing the theory of social change in the East and West, and has spent many happy (if hotly contentious) hours in just such debates with British Prime Minister Margaret Thatcher. Bush has little patience with theoretical discussions; his bent is toward solving immediate practical problems...
...Mandela and De Klerk meet in Cape Town this week to debate obstacles to negotiations, Buthelezi will be conspicuously absent. Unlike the African National Congress leader, he sees no roadblocks to immediate talks. Many whites and conservative blacks, not to mention Western leaders such as George Bush and Margaret Thatcher, admire Buthelezi's readiness to compromise and his embrace of capitalism. Antiapartheid militants, however, dismiss him as a puppet who has long collaborated with the white minority government against the interests of the poor and disenfranchised black majority...
Nevertheless, rivals are positioning themselves for the job. The leading contender is Conservative Michael Heseltine, 57, a former Defense Minister who walked out of the Cabinet in 1986 in a disagreement over the government's attitude toward the European Community, as well as Thatcher's domineering style. He represents a return to the patrician Tory values, including a traditional concern for the poor and disadvantaged. Heseltine has also staked out a more pro-Europe position. And for the first time since Thatcher came to power, voters are looking with favor on Labour Party leader Neil Kinnock...
...there is discontent over her management of foreign policy, Thatcher's main liability is her recent performance in running the economy. Inflation is crackling along at a 7.5% annual rate and headed for 9% by summer. Interest rates are pushing 15%, and 9% wage increases continue to outstrip productivity. Since elections must be called by June 1992, Thatcher has less than two years in which to turn the economy around -- or face the real prospect of electoral defeat. A decade-long run of good fortune seems near the end -- and the Prime Minister finds herself more vulnerable than ever before...
...Margaret Thatcher, Britain...