Saturday, September 22, 2007
John Gray has a superb article in the New Statesman about the problems of the boy David. I won't try to summarise. But there is one crucial insight to note. To Margaret Thatcher (and to Hayek), neo-liberalism would inspire a return to bourgeois, 'Victorian' values. In fact, her economic reforms had the reverse effect. They created a freewheeling, individualistic society. It is this that the boneheads on the Tory benches - and, I'm afraid, elsewhere - who dream of a return to 'Thatcherism' fail to grasp. In the treacherous, penny-farthing hells they call their minds, social Thatcherism is what she said it was; in fact it was the opposite. Thatcher was a great prime minister and her reforms have kept Labour in power. Thatcherism, however, is a failed creed.
Posted by Bryan Appleyard at 6:47 am