Thatcherism and the Neoliberal Revolution

From the study guide

Course Outline

  1. Thatcher biography and political rise
  2. Thatcherism and the Iron Lady image
  3. Beveridge Report and welfare state consensus
  4. Free society versus Soviet state model
  5. 1970s crisis and Winter of Discontent
  6. Rejection of mixed economy and full employment
  7. Hayek and Friedman influences on neoliberalism
  8. Deregulation, privatization and trade union limits
  9. Coal miners strikes and union concessions
  10. Coal mine closures and community devastation
  11. Downfall and legacy after 1990
  12. Poll tax riots and Labour redesign

1. Thatcher biography and political rise

Key Concepts & Definitions

  • Margaret Thatcher: Margaret Thatcher was a British politician who became Prime Minister and led the Conservative Party for much of the late 20th century.
  • Conservative Party: The Conservative Party is the UK political party Thatcher represented when she entered Parliament and later led the party.
  • Iron Lady: Iron Lady is the nickname given to Thatcher by a Soviet journalist, linked to her firm leadership style and uncompromising politics.
  • Thatcherism: Thatcherism is the set of political and economic policies associated with Thatcher’s approach to governing the UK.

Essential Points

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Practice quiz preview

1. Which statement best describes Margaret Thatcher’s early political rise?

2. What does the nickname “Iron Lady” most directly convey about Thatcher’s public image?

3. What was the main significance of the Beveridge Report in post-war Britain?

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Flashcard preview

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

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What does the Thatcherism and the Neoliberal Revolution study guide cover?

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The practice quiz has 12 multiple-choice questions, each with an explanation. Use it to check what you know and find your gaps.

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