Thatcher’s Legacy

Thatcher’s baleful legacy lives with us today. Brexit is the result of her turning the Tory Party into representatives of finance capital and thus regarding it as unnecessary to invest in industries. This government deliberately provoked the notion that the UK was being swindled and bamboozled by the bureaucracy of the EU while her own class was swindling the people. Selling off national assets like telecommunications, electricity, gas and water has produced profiteering at our expense. Selling off Council houses, deregulating rents has caused massive house price inflation and the crisis we have now. I never saw a beggar on the streets of London until Thatcher, now there are thousands. In 1979 Thatcher came into power on the slogan “ Labour isn’t Working” because unemployment had topped a million for the first time since the war. By the time she left office it was 3 million, probably a lot more since the Tories kept changing the method of counting unemployment. She was fundamentally undemocratic, when Labour won the elections for the Greater London Council her answer was to abolish it and sell County Hall to privateers. However, while being ostensibly pro European she began the Euro scepticism in the Tory Party that led to Cameron’s referendum designed solely to resolve problems in the Tory party. Thus we are now on a suicidal trajectory that ultimately we can thank Thatcher for.



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