In this blog I will put forward the viewpoint that Margaret Thatcher had a general bad affect on both the British economy,way of life and also the world situation in general.However I will state that I do not personally support the Thatcher death celebration events that are taking place. Instead we should look forward to the future and the very important struggles that will take place in the future.
Margaret Thatcher who died last wednesday certainly had a major affect on the world situation being responsible to a certain extent for what is now called neo liberalism what is meant to be non government intervention in the economy.
When she became prime minister in 1979 she very quickly became very unpopular with unemployment rising to three million people an event not seen since the 1930,s. Many towns in the North of England and Scotland became ghost towns with very high unemployment and a general feeling amongst young people of no hope for the future.The government adopted a policy of non intevention in the economy and manufacturing industry being allowed to decline.The emphasis being on finance and service industries as the future of the British economy.The Thatcher government also adopted the policy of privatizing many state owned industries.
What saved the Thatcher government was the 1982 Falklands War.The Argentine invasion of the Falklands and the British recapture of the islands transformed her reputation into a national war hero. However myself I have become convinced that the war was a false flag event. Most of the leaders in the Argentine military junta were members of the infamous P2 freemason lodge. So I have become convinced that the war was a false flag event arranged by the global elite whereby the Argentine junta new that they were going to lose the war in advance.The aim being to boost Thatcher,s government this paving the way for the neo liberal policies that largely rule the world today.
As you know as a result of her reputation being boosted by the Falklands War Thatcher won the 1983 and 1987 general elections by a landslide. She was forced to resign in the early 1990,s due to her unpopularity due to the poll tax but the conservatives won the 1992 general election under John Major until New Labour led by Tony Blair came to power for 13 years from 1997.
Margaret Thatchers legacy have been detrimental on both Britain and the world for a number of reasons. Firstly her policy of deregulation of the economy is largely responsible for the worlds present banking debt crisis. She was the person behind the lifting international exchange controls. So she can largely beheld responsible for the current neo liberal austerity financial debt crisis.
Secondly she encouraged people to buy things that they could not afford. Also she is largely responsible for the current housing crisis through the lifting of rent controls and the selling off a council owned accommodation. So you now have a situation of paying two hundred pounds a week for a bedsit in some parts of London. Also people have no hope of obtaining council flats. Also they have no hope of buying a property as people often need to put down one hundred thousand pounds desposit to buy a place. So for most young people in Britain Thatcher and the Conservatives aim of a property owning democracy is just a dream, instead we now have generation rent ,high rent from private landlords.
On the political front Thatchers supporters boasted that they were responsible for the creation of New Labour. So in other words political corporate fascism. A one party corporate fascist state with the same policies and three wings Conservatives,Liberal Democrats and New Labour.
The final affect which I feel that Thatcherism has promoted is to a certain extent narcissism. Her statement that there is no such thing as society only isolated individuals has in my view promoted a love of ones self. A could not care less attitude to other people and a lack of solidarity with others.
However I personally for various reasons do not support the Margaret Thatcher death celebration events. My attitude is that we must plan for the future to build a better world and to defeat the present globalist neo liberal corporate fascist dictatorship. As a final statement I predict that in thirty years time Thatchers legacy will be irrelevant due to the tumultous events that will take place over the next thirty or so years.