In the 24/7 canonisation of the late Margaret Thatcher, one of the greatest myths of her neoliberal ideology has come to the fore – that Thatcherism is the last word in economic and political argument. Thatcher herself coined the phrase ‘There is No Alternative’ (TINA). This idea is as ubiquitous as it is wrong, and this is how.
Thatcherism Made Britain Great Again
David Cameron paid tribute to Thatcher in the House of Commons by saying ‘she made Britain great again’. This has been parroted by former cabinet ministers, pundits and teary eyed, flag waving sycophants across the land throughout the week of imposed national mourning.
The story goes that by busting the unions, selling off loss making public services, regulating the financial services industry and cutting taxes – Margaret Thatcher transformed the fortune or our national economy.
This is a fairy tale. The reason this fairy…
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