Flashcards: Thatcher's Neoliberal Revolution — 24 cards

Trade unions — definition?

Organizations representing workers' interests.

Public services — role?

Essential government-provided health and education.

Thatcher — rise?

Elected PM in 1979 after economic dissatisfaction.

Labour Britain — key issues?

Low growth, wages, high inflation, poor economic performance.

Thatcher's critique — main point?

Labour's policies caused no social progress, high taxes.

Conservative ideology — focus?

Personal responsibility and meritocracy.

Neoliberal principles — key?

Free markets, low taxes, wealth creation.

Privatisations — scope?

Spanned from 1979 to early 1990s, including BP, BT, BA.

Employment Act 1980 — purpose?

Restrict trade union power, require postal ballots.

Economic outcomes — Thatcherism?

Reduced inflation, moderate growth, industrial decline.

Miners' strike — years?

1984-1985, symbol of government-union conflict.

Post-strike laws — aim?

Limit strikes, weaken union influence.

Legacy of Thatcher — effect?

Long-term divisiveness, economic and social changes.

Cultural reflection — example?

Billy Bragg's music capturing Thatcher era tensions.

Privatisation timeline — start?

1979 with British Petroleum sale.

Trade union law change — 1980?

Replaced in-person ballots with postal votes.

Miners' strike — outcome?

Miners lost, coal industry virtually disappeared.

Legislation 1988-1993 — effect?

Outlawed closed shops, limited strike rights.

Economic impact — industrial sector?

Collapse of mining, de-industrialisation.

Thatcher's policies — long-term?

Reduced inflation, increased inequality, regional disparities.

Cultural legacy — example?

Contemporary debates, contrasting voices on Thatcher.

Privatisations — sectors?

Oil, telecoms, airlines, steel, water, transport.

Trade unions — power change?

Significantly weakened post-1980s laws.

Economic context — 1970s?

Stagflation, economic crisis, Labour's poor record.