eBook - PDF

Margaret Thatcher's Case against Democratic Socialism and Keynesian Economics

Name: Margaret Thatcher's Case against Democratic Socialism and Keynesian Economics
Author: Eric R. Crouse

Markets, Monetarism, and British Politics in the 1970s

Eric R. Crouse,

185 pages
English
PDF
Available on iOS & Android

eBook - PDF

Margaret Thatcher's Case against Democratic Socialism and Keynesian Economics

Markets, Monetarism, and British Politics in the 1970s

Eric R. Crouse,

About this book

Britain experienced two stunning developments in the late 1970s. Post-war Keynesianism and big government fell out of favor, and, for the first time, British voters chose a female prime minister. When Margaret Thatcher became leader of the Conservative Party in 1975, she was the first leader to oppose the consensus views of both the Labour Party and centrist Tories who, in varying degrees, accepted Keynesianism and state ownership of industry. With her traditional conservatism stretching back to her childhood years and her receptiveness to free-market arguments that revealed the economic shortcomings of Keynesianism and socialism, she developed a strong case against government management of the economy. The author explains that Thatcher's fight for economic change had both dramatic and subtle stages. In the end, the issue of inflation altered British economics and politics and Thatcher was there to take advantage of the moment and score a victory over "socialism."

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Yes, you can access Margaret Thatcher's Case against Democratic Socialism and Keynesian Economics by Eric R. Crouse in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & Economic History. We have over one million books available in our catalogue for you to explore.