Margaret Thatcher was deposed by her party in 1990, but the legacy of her ideas in some form lingers on. The Tory Party itself has abandoned any pretence of interest the operating of free markets and is led my the antithesis of her views on social conservatism. Instead of the offspring of a lower middle class shop keeper who values financial prudence and views the economy like a household budget, the party is led by an Etonian with an almost complusive dishonesty who has frittered more money on fantasy projects than any British leader, ever. However, it is in the public imagination that Thatcherism exists in zombie form. Popular culture regurgitates an endless series of Thatcherite nostrums about competition, enterprise, thrift, individualism and the merits of privatisation. This podcast explores the context of her rise to power and the shortcomings of her reign.
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