Prestwich_Blue
Well-Known Member
I've not put "more effort" into those on the scrapheap than those who moved up the ladder. I feel very deeply for those who lost their livelihoods and for those youngsters in North Manchester, who used to get taken on by firms like Mather & Platt and British Aerospace and now don't have that opportunity. I was a union rep at BAe when they abolished apprenticeships in favour of YTS and I went beserk over that.PistonBlue said:Prestwich_Blue said:I'm laughing at the irony of that statement, which also sums up the implacable anti-Thatcher elements on here.jitsubluedan said:You are a true child of Thatcher as shown by your opening statement which is arrogant and leaves no room for argument; absolutely no room for concensus - just like the woman herself.
The true consensus is that she did some things right and some things wrong and if you really lived through the mid-1970's, you'd know what a fucking mess this country was in at that time.
For every person she put on the scrapheap, she helped others move a rung or more up the ladder, through being able to set up businesses, giving them far more disposable income, allowing them to own their own homes, freeing them from high inflation, giving them access to credit. Inflation was squeezed out of the system and interest rates, apart from a short blip in the late 1980's, went steadily down. Her reduction of taxation rates made it worthwhile to save, which impacts the economy by giving governments access to additional funds.
It's also a myth to say she "destroyed" manufacturing industry. The truth is that it was already declining before she came to power. Between 1970 and 1979, its share of GDP declined by just under 2%. Between 1979 and 1990, the rate of decline actually slowed so that its share of GDP went down by 1.5%.
Now I can't stop you thinking that she was (in your arrogant words that leave no room for argument) "a vile woman" but I can point out that not everyone shares that opinion.
Interesting that you put more effort into those that moved up the ladder whilst completely ignoring those she put on the scrapheap. As if condemning people, and communities to the scrapheap is ok so long as others can flourish. In my world, the emphasis would be on getting those on the scrapheap off it, or better still not putting them there in the first place.
But I'm trying to point out there are two sides to every story. Some people did well out of the Thatcher years and some didn't. That's the story of human civilisation not just a phenomenon of the Thatcher years. In the 1950's, many members of my family worked in the raincoat manufacturing industry in North Manchester. This largely disappeared by the end of the 1960's/early 1970's due to foreign competition and the fact that not many of the next generation wanted to go into that industry. No one got bitter about the government "destroying" it.
Foreign competition and inefficiency is the reason firms like British Leyland went to the wall (which it first did in 1975) and British Steel had to down-size (which it started to do under Wilson and would have continued even if Callaghan had won the election in 1979). But UK steel-making is now one of the most efficient steel-making operations in the world, thanks to investment and restructuring.
The problem with "Thatcherism" was that it had an unshakeable belief in the power of the free market and a conviction that the role of government was not to run or interfere in the running of business. My own view is that the market can't always be relied on to make the best decisions and that the government should ensure there are checks and balances in place. The public and private sectors should work together, with both doing what they do best.