Block, SkipCaptcha, apieditor, Automoderated users, Bots, edit, ratelimit-exempt
58,417
edits
Changes
Jump to navigation
Jump to search
Line 67:
Line 67: − +
→Privatization: correcting hyphen usage, as requested, replaced: th-century → th century
Thatcher's political and economic philosophy emphasized free markets and since gaining power she had experimented in selling off nationalized industries starting with the National Freight company, most of the large utilities followed.
Thatcher's political and economic philosophy emphasized free markets and since gaining power she had experimented in selling off nationalized industries starting with the National Freight company, most of the large utilities followed.
Privatization was perhaps the most enduring legacy of the political economy developed under Thatcher. She privatized long-nationalized corporations (such as the telephone and aerospace firms) and, most important, sold public housing to tenants, all on favorable terms. Theis turned Labour-minded tenants into Conservative-minded property owners and mortgage payers. The policy developed an important electoral dimension during the second Thatcher government (1983–90). It involved more than denationalization: wider share ownership was the second plank of the policy, and this provides an important historical perspective on the relationship between Thatcherism and 20th-century conservatism.<ref>Richard Stevens, "The Evolution of Privatisation as an Electoral Policy, c. 1970-90." ''Contemporary British History'' 2004 18(2): 47-75. Issn: 1361-9462 Fulltext: [[Ebsco]]</ref>
Privatization was perhaps the most enduring legacy of the political economy developed under Thatcher. She privatized long-nationalized corporations (such as the telephone and aerospace firms) and, most important, sold public housing to tenants, all on favorable terms. Theis turned Labour-minded tenants into Conservative-minded property owners and mortgage payers. The policy developed an important electoral dimension during the second Thatcher government (1983–90). It involved more than denationalization: wider share ownership was the second plank of the policy, and this provides an important historical perspective on the relationship between Thatcherism and 20th century conservatism.<ref>Richard Stevens, "The Evolution of Privatisation as an Electoral Policy, c. 1970-90." ''Contemporary British History'' 2004 18(2): 47-75. Issn: 1361-9462 Fulltext: [[Ebsco]]</ref>
===Foreign policy===
===Foreign policy===