Word: thatcherism
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Never let it be said that Margaret Thatcher lacks courage. After confidently taking on the miners, the press and the teachers, the Prime Minister has announced plans to reform two of the country's most prestigious professions, medicine and law. Her proposals, the most sweeping in decades, prove that Thatcher has lost none of her zeal for leading Britain toward a more open, free-market economy...
...most controversial changes involve the National Health Service, the state-financed system that employs about 1 million workers and treats 30 million patients a year. Thatcher's plan, which must still be approved by Parliament, allows the best-managed of the nation's 2,000 state-run hospitals to form self-governing trusts that can hire outside staff, pay higher wages to . doctors and negotiate salaries for nursing personnel. The plan encourage doctors to shop around for the best prices on hospital services, and permits them to refer patients to hospitals outside their district...
TRUE paleo-conservatism has, as Dostoevsky explained, compassion and a sense of responsibility for "the insulted and the injured." It is not the callous libertarianism of Milton Friedman, Robert Nozick or Margaret Thatcher, which lends itself well to upper-class twittery and renunciations of social responsibility...
...example is Britain, with its rigid class structure, its powerful unions, its state-owned industrial dinosaurs, its enormous governmental bureaucracy. Its precipitous postwar decline took place precisely as it was shedding its empire. Thatcher engineered Britain's dramatic renewal in the 1980s, when it had one of the fastest growth rates in Europe, by going after not defense spending but the sclerosis that had set into the system: authoritarian unions, failing state-owned industries, a paternalistic bureaucracy and, by example and rhetoric, the British class system itself...
Prime Minister Margaret Thatcher immediately threw her support behind the proposals. If the mess is not tackled voluntarily, she said, the government will seek tougher laws...