Is this a trick Q? Following the stagflation that occured in the late 1970's (as a resuly of the Keynsian social democratic principles that characterised post-war politics) Thatcher and the conservatives followed liberalist political ideology as advocated by the likes of Hayek.. which included believing in private ownership and individual responsibility etc etc
So the effect Thatcher had on privatisation was to privatise many utilities/industries such as BT, BR, Steel etc Some commentators argue that this increased efficiency and productivity..it certainly led to increased flexibility in the work place which for many workers may not be such a great phenomenon in the same way that trade union strangle holds were bad for business before.. (pendulum gone too far?)
Possibly, but now that the major parties have resolved the big issues (Tories accepting some degree of social help needed/NHS to stay and Labour seeing that business must be competitive/privatisation has a place) both parties are fighting over middle ground so it can be said with a large degree of certainty that public ownership is likely to remain something that happened in the past.
2006-11-10 02:28:13
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answer #1
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answered by Anonymous
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She turned this country into a nation of shoppers.People forget when the tories got kicked out house prices had slumped people were losing there homes & the morgage rate was 15 per cent.
She demolished everything this country stood for.I am a Labour voter & have to admit I am ashamed of this government they should take everything back.Has for Iraq well thats a disgrace to mankind.
2006-11-10 05:54:12
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answer #2
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answered by Ollie 7
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privatised coal industry gone privatised steel industry gone privatisedtelecom bt profits down ba still profitable but for how long ,hospital cleaning,hospitalcatering ,nhs trusts.water and sewage rubbish collection all up sh_t creek yeah maggie got it right.she was welcome as a fart in a spacesuit.
2006-11-10 03:20:58
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answer #3
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answered by joseph m 4
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She made this country great again, put power (and responsibility) back into the hands of the people. She also cleared up the mess the last labour government left behind. Ten years of Billy Liar and his cronies and were back to square one.
2006-11-10 02:24:33
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answer #4
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answered by Anonymous
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alot, but she had more effect on the destruction of the unions and their power.
2006-11-10 02:20:18
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answer #5
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answered by michael s 4
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http://www.freedomdomain.com/banking/the_city.html
2006-11-10 08:39:38
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answer #6
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answered by Anonymous
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Mother swear I don't know
2006-11-10 02:20:45
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answer #7
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answered by shashi_s14 3
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