The Significance of Thatcher Years

What is the significance of the Thatcher years?

The Thatcher years embody a break from the post-war political settlement. At the end of the 1970s the situation in Great Britain was serious. This period is marked by a crisis which is economic, socio-political and cultural.
Thatcher was presented as the great liberator of British society. It is in that context that she led the Conservatives to victory on the 3rd of May’, 1979, and from the very next day becoming the first woman to take the lead of the government of an occidental country. .
At this period the economy is marked by an inflation of 27%, powerful trades unions causing wage inflation and time lost to strikes, unemployment increasing to a post war record of 700 000, high levels of government debt that required politically sensitive borrowing from the IMF. .
Through this essay we are going to try to define the significance of the Thatcher years showing the influence of her government and analysing the term of “revolution”.
The key to Thatcher’s success over many years mainly revolved around the political fights she put up over different governments, and fundamentally comes down to the manner with which she fought such political battles: through sheer brute strength and stubbornness. That behaviour gives her the nickname of “iron lady”. ( In the 1980s Thatcher who is Prime minister issued many different, and often radical, reforms, the extent of which can be felt today. Indeed, we can notice that her political influence still remains. When she arrived in power the role of the state was questioned so can we go as far as to say that Margaret Thatcher is at the origin of a new consensus? Based on her victory at the elections can we maintain...