lyndons_lyndon
Banned
- Prevent her from becoming a strong proponent of Neoliberalism.
- She converts to one-nation conservatism.
Extremely difficult as the state sector was losing £60 billion a year when she came to power. Remember that Thatcher closed fewer coal mines than either Wilson or Callaghan.
Thatcher saw neoliberalism as a solution certainly, but to a large extent she was making a virtue out of necessity. The privatisation policy might have been less popular and populist and the divestment more reluctant, but a rolling back of the state there still would have to have been. The only alternative to getting rid of the state owned industries would have been savage cuts to health and welfare spending which would have meant electoral suicide for any party.
Thanks for explaining, is there any sources you can provide on Harold Wilson closing the mines?