• [08/04] CM 09

     [08/04] CM 09


    Les grands principes du Thatchérisme

    The UK form of liberalism & globalization (= result of a process, of certain policies: liberalism). This policy in the UK is a good example of how to work for capitalist interest. Profitable to the huge commercial, the big names, the biggest industrialisation, not to the little shop.

    Thatcher was known for her stubborness, her rigidity → The Iron Lady. The acronym TINA was associated to her: There Is No Alternative. She was very tough when negociating: “I want my money back”. She became the leader of the Cons party in 1975, a party which very few positions of power have been allowed to women, she was the first woman. She wasn't a feminist of anything, but she did know what she wanted, she gave her name to the UK liberalism.

    Thatcher: 1979-83-88-90. She was so determined that her own style of governement have now become a threat, because she made herself unpopular. In the middle of her third term (1990) there was people who wanted a vote to decide if she would stay the leader of the party. She went third after the vote and John Major went first. So in 1992 Major was Prime Minister (from 92 to 97).

    She wanted to impose a new kind of agenda, a new political program. What was pre-existent was a period when labour and cons alike agreed of a number of ways of controlling the economy, regulating business, etc. That period in the 1950s-60s-70s was known as a period of “consensus politics”. Also called the period of “regulation of capitalism”. Thatcher did not accept this idea of a consensus. She wanted to change this mode of regulation. The general idea is to reinforce the position of big businesses. The big chain stores etc, were given some degree of priority. Quite on the contraty these reforms were not on the advantage of industrialisation and little shops.

    Priorities: Old gvt VS Thatcherism

    • Full employment → you support local production. <> Unemployment → new policy which create a lot of unemployment. By 1987 there was more than 3 M people unemployed. Unemployment is good for economy: people are encouraged to find a job, so there is a pressure on the level of wages.

    • Large public sector, nationalisation <> “Denationalisation”, privatisation → almost everything which was nationalized were being privatized.

    • Welfare state” → provide assistance to people in need (illness, lost of income,...). <> “Enabler state” / roll-back of the state. The state must enable people to succeed by themselves in economy. Theorically, everyone can become a private entrepreneur. Opposed to the idea of public assistance, the new doctrin propose the idea that the assistance to the under-class would make them dependant: created a culture of dependency.

    • Regulation → regulating business, pay conditions, working conditions, etc. <> Deregulation → exact opposite: the previous regulation will no longer apply. In order to make the system more profitable for employers.

    • Negotiation with the Trade-Unions → tradition of the state working with employers, also with private employers <> Conflictual / confrontational approach → the new program in action would take a confrontational approach. Just before Thatcher went to power there were strikes in the energy sector in particular: she basically said she would crush them.

    • Global control → central gvt exercized a high level of global control over social processes and economy <> Monetarism → On the contrary Thatcherism is all about a policy of monetarism: what you do control is the value of money. The control which was preserved and reinforce what the control on the value of the pounds. It was part of the program to eliminate industry.


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