19.10.17

The Iron Lady, who did not leave anyone indifferent

Margaret Thutcher got three term, in each which she showed that she was able to lift both hate and passions with every action she performed.

In her role as the first minister, she got three term. Her purpose was fight against the country's recession by initially raising interest rates to control inflation. She was best known for her destruction of Britain's traditional industries through her attacks on labor organizations such as the miner's union, and for the massive privatization of social housing and public transport. One of her staunchest allies was US. President Ronald Reagan, a fellow conservative. The two shared similar right-wing, pro-corporate political philosophies.

  • In her first term, Thatcher faced a military challenge. In april 1982, Argentina invaded the Falklands. Thatcher send British troops to take back the islands. This war was known as the Faklands War. Argentina surrendered in June 1982.
  • In her second term (1983-1987), she had some conflicts, among them an assassination attempt against her in 1984. In this year she signed an agreement with the Chinese government and Thatcher expressed his support for Ronald Reagan's air strikes against Libya.
  • Third term in 1987. She seeks to implement a curriculum and makes changes in the medical system of the country, due to the amount of support that lost by these two changes. In 1990 she yields due to the pressure and the 22 of November of 1990 she decides to resign.



The government of Margaret Thatcher created and destroyed so in this part we will discuss the main topic of this blog. What did she do well and do wrong to be loved and hated at the same time? Main reasons:

  1. Thatcher will never be forgiven for what she did to the Left during 1980. She destroyed the industrial unions, closed the coal mines, smelting steel and refusing to compromise with striking miners during the year-long industrial action of 1984.
  2. Her Conservative Party privatized vast swaths of the state's apparatus, including the gas, water, telecom, and electricity industries, and reduced public funding for education, welfare, and social housing.
  3. Thatcher's decade of supply-side economics made a lot of people rich, and not just the 1 percent. The economy boomed under Thatcherism, sparking a rise in house prices and productivity that served to create a real, wealthy middle class. The rich were increasingly rich and the poor increasingly ignored.
  4. In 1986 she made a reform that was based on an ideology that did not take into account the financial past of Great Britain. It undermined the commercial banks of London and with it the advantage that the London Bank had in capital.
  5. She failed in his skepticism about the cost estimates of the Channel Tunnel, leaving Britain with a limited continental connection rather than a larger link and generator of economy.
  6. She behaved as if Britain were a superpower when it was not, but this self-confidence made it stand in the hegemonies of the world. This shows the character she was able to fight against everyone and everything to get what she thought.
  7. When she won the war against Argentina, after no one trusted that she could win it because she made naval cutouts so everyone thought that she was crazy. It became a super economic power.
  8. She played a major supporting role for US President Ronald Reagan in defeating Soviet Communism and tensing President George H. W. Bush in the run-up to the first Gulf War. His willingness to fight was a key point. Without it, she could not have defeated the powerful trade unions, especially the miners, something essential for British economic survival.
To sum up, Thatcher's time did not leave anyone indifferent. This woman with her so rigid character was also known as the iron lady because she was able to stand against everyone in order to carry out their purposes. This character also made Britain divide into rich and poor, but neither group would forget her. Therefore, this woman will be praised and hated in equal measures. The British economic strength owes much to Thatcher, since she was a conspiracy for his successors and also showed that a woman could get to do what they considered only valid for men.Thatcher's policies and actions continue to be debated by detractors and supporters alike.




Bibliography

Zúñiga, D. (08.04.2013) Margaret Thatcher: férrea, amada y odiada. Made for minds. http://www.dw.com/es/margaret-thatcher-f%C3%A9rrea-amada-y-odiada/a-16729080


The Iron Lady Movie. 27th November 2016.Youtube. https://www.youtube.com/watch?v=PmsRFrI7_fs

The Iron Lady (flim). Wikipedia. https://en.wikipedia.org/wiki/The_Iron_Lady_(film)

Elliott, L.(14.04.2013) Margaret Thatcher was loved and hated- both for sound economic reasons. The guardian. https://www.theguardian.com/business/2013/apr/14/margaret-thatcher-loved-hated-economic

Rogan, T. (09.04.2013) Why Thatcher was the ‘Iron Lady’. CNN. http://edition.cnn.com/2013/04/08/opinion/rogan-thatcher/index.html


Coman, J. (14.04.2013) Margaret Thatcher:20 ways that she changed Britain. The guardian.https://www.theguardian.com/politics/2013/apr/14/margaret-thatcher-20-changes-britain

Stewart, D. (08.04.2013) Why Margaret Thatcher was loved- and hated. The week. http://theweek.com/articles/465801/why-margaret-thatcher-loved--hated

WRITER: ROCÍO LÓPEZ RODRÍGUEZ. EPD 12 (GROUP 4)
REVIEWER: YERAY AGUILAR DOMINGUEZ.



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