noun a political and economic policy advocating free markets, deregulation, privatization, and reduction in government spending
adjective relating to or characteristic of the policies associated with Margaret Thatcher, the former Prime Minister of the United Kingdom
Thatcherism refers to the political and economic policies associated with Margaret Thatcher, including free-market capitalism, privatization, deregulation, and a strong emphasis on individual responsibility.
Thatcherism is significant in the history of the United Kingdom, particularly during Margaret Thatcher's tenure as Prime Minister from 1979 to 1990.
Thatcherism can be studied in sociology to understand its impact on society, including shifts in social welfare policies and the rise of individualism.
In economics, Thatcherism is often used to describe neoliberal policies that prioritize market forces and limited government intervention.
Thatcherism has influenced global politics and international relations, particularly in terms of promoting free trade and a strong national defense.
Thatcherism is often referenced in political and economic writings as a conservative ideology associated with British Prime Minister Margaret Thatcher.
Thatcherism is a key concept in political science studies, used to analyze the policies and beliefs of Thatcher's government and its impact on society.
Economists may discuss Thatcherism in the context of neoliberal economic policies, privatization, deregulation, and free market principles advocated by Margaret Thatcher.
Historians examine Thatcherism as a significant era in British history, marked by major social, economic, and political changes under Thatcher's leadership.