Margaret Thatcher's Anti-Collectivism Stage: A Political Revolution in the UK

(5) The Anti-collectivism stage. Margaret Thatcher began serving as the leader of the Conservative Party in 1975 against the backdrop that the political wind in the UK and even the entire Western world began turning right. Margaret Thatcher's election victory in 1979 marked the beginning of a political revolution in the UK, a decisive shift in thought, culture, and culture. Thatcherite politics embodied two distinct dimensions: economic liberalism and political authoritarianism (Nuttall, 2019). On the one hand, the government adopted a series of measures to reduce state intervention, such as implementing monetarist economic policies with the main goal of reducing inflation and vigorously promoting the privatization of state-owned enterprises. It changed the past direct government intervention into remote supervision. On the other hand, in the social field, the focus was on strengthening state authority, and large-scale trade union reforms and local government reforms were carried out.