Flashcards: Thatcherism and the Neoliberal Revolution — 24 cards

Margaret Thatcher — birth year?

1925

Thatcher — political party?

Conservative Party

Iron Lady — origin?

Soviet journalist nickname for Thatcher

Thatcherism — policies?

Economic liberalization and individualism

Thatcher — death year?

2013

Thatcher — first elected MP?

1959

Thatcher — became PM?

1979

Beveridge Report — year?

1942

Five Giants — Want, Ignorance, Disease, Squalor, Idleness?

Major social problems identified by Beveridge

Post-war welfare — aim?

Extend social welfare from cradle to grave

Beveridge — influence?

Keynesian demand management

Welfare measures — examples?

National Insurance, free education, NHS

Thatcher — “free society” argument?

Contrasted with Soviet-style state control

1970s crisis — causes?

Inflation, strikes, economic decline

Winter of Discontent — year?

1978–1979

Neoliberalism — advocates?

Market solutions, limited state, deregulation

Hayek & Friedman — ideas?

Limited government, free markets, monetarism

Deregulation & privatization — purpose?

Reduce state role, boost private sector

Miners’ strike — year?

1984

Mine closures — number?

122 between 1985–1992

Poll tax — mechanism?

Fixed per-person housing tax

Poll tax — impact?

Mass protests, riots, resentment

Labour — post-1990 shift?

Acceptance of privatization, market reforms

Third Way — leader?

Tony Blair, centrist policy approach