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Editorial in the Newstatesman: Margaret Thatcher ... still guilty after all these years

It is 30 years since Margaret Thatcher entered No 10, setting in motion a revolution that would destroy the quasi-socialist political consensus of the postwar decades and, after much strife, turn Britain into the country it is today: riven, atomised, debt-stricken, hugely unequal, its prosperity excessively dependent on financial services, its public spaces degraded, and its towns, at least at night, the preserve of the binge drinker and the brawler.

Many of us may have grown more wealthy during the Thatcher and the New Labour years but, somehow, we seem as a society more spiritually bereft, more restless, unhappier even. This is not to deny that Britain, at the end of the 1970s, was dismal. We had a failing Labour government, which had already begun to experiment with monetarism and to cut public spending; a union movement that had become too complacent and too powerful, a huge obstacle to reform; a punitive taxation system that served as a disincentive to enterprise; a wider culture that was largely racist, homophobic and misogynistic. The political and social cultural consensus had to be broken, one way or another. And, in retrospect, the necessary transformation, or counter-revolution, could only have come from the right. The Labour Party was too exhausted, and soon, irresponsibly, it would split in defeat and self-hatred, opening the way for 18 years of Conservative rule.

Yet how brutal and destructive that counter-revolution proved to be, as whole communities were destroyed, especially in the industrial heartlands of northern England, Wales and Scotland, communities that have not recovered to this day. And how unbending was the doctrine that came to be known as Thatcherism...

Read entire article at Newstatesman (UK)