What is Thatcherism ideology?

Thatcherism attempts to promote low inflation, the small state and free markets through tight control of the money supply, privatisation and constraints on the labour movement.

What is the post war consensus Britain?

The post-war consensus included a belief in Keynesian economics, a mixed economy with the nationalisation of major industries, the establishment of the National Health Service and the creation of the modern welfare state in Britain.

What did Thatcher deregulate?

The phrase Big Bang, used in reference to the sudden deregulation of financial markets, was coined to describe measures, including abolition of fixed commission charges and of the distinction between stockjobbers and stockbrokers on the London Stock Exchange and change from open-outcry to electronic, screen-based …

How did Margaret Thatcher encourage economic liberation?

Thatcher’s political and economic philosophy emphasised reduced state intervention as well as free markets and “entrepreneurialism”. She vowed to end excessive government interference in the economy and attempted to do this through privatizing nationally owned enterprises.

Is UK a welfare state?

The welfare state of the United Kingdom began to evolve in the 1900s and early 1910s, and comprises expenditures by the government of the United Kingdom intended to improve health, education, employment and social security. The British system has been classified as a liberal welfare state system.

What is the post war compromise?

compromise played in creating the kind of unionism which came to dominate postwar Canadian industrial relations. The postwar compromise was built around a ‘Fordist’ framework for mass production based on a Taylorist division of labour.

Who discovered Thatcher effect?

Peter Thompson
The Thatcher illusion, discovered 35 years ago by vision scientist Peter Thompson of the University of York in the UK, was essential to current knowledge of face perception.

https://www.youtube.com/watch?v=2eSgN21wmZE