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'''Margaret Hilda Thatcher (nee Roberts)''', later Baroness Thatcher of Kesteven (born October 13, 1925), was [[Prime Minister]] of the [[United Kingdom]] from 1979 to 1990, the first woman to hold the position. Her leadership of the country and its legacy remains a divisive issue within the UK to this day.

'''Margaret Hilda Thatcher (nee Roberts)''', later Baroness Thatcher of Kesteven (born October 13, 1925), was [[Prime Minister]] of the [[United Kingdom]] from 1979 to 1990, the first woman to hold the position. Her leadership permanently moved  Britain to the right and reshaped the nation's political environment to stress economic growth and international competitiveness.  The [[Labour Party]] in response under [[Tony Blair]] jettisoned their old leftist ideas and followed Thatcher-lite programs.

Thatcher was chosen to be the leader of the Conservative Party in February 1975, succeeding former Prime Minister [[Edward Heath]]. She was opposed to socialism and out-of-control union power which had brought down the previous Conservative government in 1974. She led the Conservatives to victory in the May 1979 [[General Election]] and was thus appointed Prime Minister.  

Thatcher was chosen to be the leader of the Conservative Party in February 1975, succeeding former Prime Minister [[Edward Heath]]. She was opposed to socialism and out-of-control union power which had brought down the previous Conservative government in 1974. She led the Conservatives to victory in the May 1979 [[General Election]] and thus became Prime Minister.  

Lady Thatcher sold many of the nationalized industries back to private investors and made tax cuts. She broke the power of the trade unions which stood in the way of the rationalization of the coal industry and modernization of the newspaper industry. Due to her strong standards and her leadership style, she became known as the "[[Iron Lady]]," a term originally coined as an insult by the communist [[Soviet Union]], but one she adopted, at the instigation of her political ally [[Enoch Powell]], with glee. A famous statement of hers was that "the lady is not for turning", in reference to calls from within her own party to back down on issues that were important to her. Thatcher was always a strong supporter of the the [[United States]], and was a good friend of President [[Ronald Reagan]], uniting with him in actions against the Communists.   

Thatcher sold many of the nationalized industries back to private investors and made tax cuts. She broke the power of the trade unions which stood in the way of the rationalization of the coal industry and modernization of the newspaper industry. Due to her strong standards and her leadership style, she became known as the "[[Iron Lady]]," a term originally coined as an insult by the communist [[Soviet Union]], but one she adopted. A famous statement of hers was that "the lady is not for turning", in reference to calls from within her own party to back down on issues that were important to her. Thatcher was always a strong supporter of the the [[United States]], and was a good friend of President [[Ronald Reagan]], uniting with him in actions against the Communists.   

She led Britain to victory against [[Argentina]] in a 1982 war over sovereignty of the [[Falkland Islands]]. The United States was allied with both countries,  and initially tried to broker a negotiated settlement. When that failed,  the U.S. supported Britain with vital intelligence information. The conflict led to a strong friendship with the Chilean leader [[Augusto Pinochet]] after Chile helped Britain in the conflict.

She led Britain to victory against [[Argentina]] in a 1982 war over sovereignty of the [[Falkland Islands]]. The United States was allied with both countries,  and initially tried to broker a negotiated settlement. When that failed,  the U.S. supported Britain with vital intelligence information. The conflict led to a strong friendship with the Chilean leader [[Augusto Pinochet]] after Chile helped Britain in the conflict.

Thatcher won a total three general elections (1979, 1983 and 1987).  By 1990, her popularity was waning and there were calls from within her own party for her to step aside.  She was challenged for the party leadership, and when it became clear to her that she would not have the necessary votes she decided not to stand for a second party vote in 1990.  [[John Major]] won the party leadership vote, and was subsequently appointed to succeed Thatcher as Prime Minister.  Thatcher was the longest serving British Prime Minister in more than 150 years and, alongside Winston Churchill, many consider her to be one of the two most important British political leaders of the twentieth century.

Thatcher led the Conservative Party to victory in three general elections (1979, 1983 and 1987).  By 1990, her popularity was waning and there were calls from within her own party for her to step aside.  She was challenged for the party leadership, and when it became clear to her that she would not have the necessary votes she decided not to stand for a second party vote in 1990.  [[John Major]] won the party leadership vote, and was subsequently appointed to succeed Thatcher as Prime Minister.  Thatcher was the longest serving British Prime Minister in more than 150 years and, alongside Winston Churchill, many consider her to be one of the two most important British political leaders of the twentieth century.

She fundamentally moved the British economy from factories and miones to services and finance. [[Time]] wrote of Lady Thatcher: ''"She was the catalyst who set in motion a series of interconnected events that gave a revolutionary twist to the century's last two decades and helped mankind end the millennium on a note of hope and confidence. The triumph of capitalism, the almost universal acceptance of the market as indispensable to prosperity, the collapse of Soviet imperialism, the downsizing of the state on nearly every continent and in almost every country in the world — Margaret Thatcher played a part in all those transformations, and it is not easy to see how any would have occurred without her. [[Champion]] of free minds and markets, she helped topple the welfare state and make the world safer for capitalism"'' [http://www.time.com/time/time100/leaders/profile/thatcher.html]

 

She fundamentally moved the British economy from an industrialist model, to a financial, speculative economy. This shift also served to undermine trade union power with fewer people in stable long term employment and instead in the service industry.

 

[[Time Magazine]] wrote of Lady Thatcher: ''"She was the catalyst who set in motion a series of interconnected events that gave a revolutionary twist to the century's last two decades and helped mankind end the millennium on a note of hope and confidence. The triumph of capitalism, the almost universal acceptance of the market as indispensable to prosperity, the collapse of Soviet imperialism, the downsizing of the state on nearly every continent and in almost every country in the world — Margaret Thatcher played a part in all those transformations, and it is not easy to see how any would have occurred without her. [[Champion]] of free minds and markets, she helped topple the welfare state and make the world safer for capitalism"'' [http://www.time.com/time/time100/leaders/profile/thatcher.html]

==Career prior to 1979==

==Career prior to 1979==

The predominant influence in Lady Thatcher's early life was her father, [[Alfred Roberts]]. Roberts  was a grocer by occupation who was active in local politics. Years later, Lady Thatcher continued to acknowledge his formative influence on her (for example, in the second volume of her memoirs, ''The Path to Power'').

The predominant influence in Lady Thatcher's early life was her father, [[Alfred Roberts]]. Roberts  was a grocer by occupation who was active in local politics. She attended Somerville College, [[Oxford University|Oxford]], where she read chemistry and became chairman of the university Conservative association. After graduating, she worked for a time as a research chemist before qualifying as a barrister and practicing as a tax lawyer, an indication of her interest in financial matters. In this time period, it was uncommon in Britain for a woman from a background to go to an upper-class university and then to pursue a career in the elitist male world of the Bar.

 

Lady Thatcher attended Somerville College, [[Oxford University|Oxford]], where she read chemistry and became chairman of the university Conservative association. After graduating, she worked for a time as a research chemist before qualifying as a barrister and practicing as a [[tax]] lawyer, an indication of her interest in financial matters. In this time period, it was uncommon in Britain for a female from an ordinary middle-class background to go to a top-class university and then to pursue a career in the male-dominated and somewhat elitist world of the Bar.

Lady Thatcher married [[Sir Denis Thatcher]], a successful businessman whom she met at a Conservative Party meeting. They had two children, twins [[Mark Thatcher|Mark]] and [[Carol Thatcher|Carol]].

Lady Thatcher married [[Denis Thatcher]], a successful businessman whom she met at a Conservative Party meeting. They had two children, twins [[Mark Thatcher|Mark]] and [[Carol Thatcher|Carol]].

Under the troubled Conservative premiership of [[Edward Heath]] (1970-1974), Thatcher served as Secretary of State for Education during which time her most noted achievement was the withdrawal of a daily milk ration to primary age schoolchildren earning her the nickname Milk-Snatcher. After the Conservatives were defeated in the elections of February and October 1974, Thatcher challenged the more liberal Heath for the leadership of the party. When she went into Heath's office to tell him her decision, he did not even bother to look up. "You'll lose," he said. "Good day to you." [http://www.time.com/time/time100/leaders/profile/thatcher.html]

Under the troubled Conservative premiership of [[Edward Heath]] (1970-1974), Thatcher served as Secretary of State for Education during which time her most noted achievement was the withdrawal of a daily milk ration to primary age schoolchildren earning her the nickname Milk-Snatcher. After the Conservatives were defeated in the elections of February and October 1974, Thatcher challenged the more liberal Heath for the leadership of the party. When she went into Heath's office to tell him her decision, he did not even bother to look up. "You'll lose," he said. "Good day to you." [http://www.time.com/time/time100/leaders/profile/thatcher.html]