Margaret Thatcher: The Libertarian PM?

MaggieT_IronIn light of Margaret Thatcher’s passing, everyone has added their tuppence worth, and I doubt I could add much more.

Alex Massie sums it up pretty well for my money, as does Daniel Hannan in both overall summary and here in his take on the specifics.

The fact is that the economic freedom Thatcher promoted helped laid down the groundwork for the social freedom that came after it. Ironically, neither her nor her enemies would acknowledge that.

The rich got richer under her. But so did the poor. Yes, the gap between the rich and the poor widened, but seriously, so what? Would you rather be better off, or worse off as long as other people are worse off as well? It’s true and unfortunate that the increase in wealth for the poorest was slow, but that’s because she increased overall government spending. If Margaret Thatcher was even more Thatcherite, the government would have been smaller and poorer people would have been even better off.

Her personal opinions on many social issues were very wide of the mark for me. But – especially in the economic sphere – there has not been a prime minister in Great Britain in my lifetime whom I have agreed with as much.

Those who are bitterly and spitefully cheering her death really do so for one reason. In the political realm and in the real-world, she won and they lost. Not just during her time, but quite possibly for all time. And they’ll never be able to take that away from her.

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