Margaret Thatcher

Thatcher, Margaret Hilda Roberts Thatcher, Baroness

Margaret Hilda Roberts Thatcher Thatcher, Baroness, 1925–2013, British political leader. Great Britain's first woman prime minister, nicknamed the "Iron Lady" for her uncompromising political stance, Thatcher served longer than any other British prime minister in the 20th cent. and was one of the most influential political figures of her era. In office she initiated what became known as the "Thatcher Revolution," a series of social and economic changes that dismantled many aspects of Britain's postwar welfare state, establishing in their place free-market economic policies and deregulated markets and industries.

The daughter of a grocer, Thatcher studied chemistry at Oxford (grad. 1947) and later (1953) became a lawyer, specializing in tax law. Elected to Parliament as a Conservative in 1959, she held junior ministerial posts (1961–64) before serving (1970–74) as secretary of state for education and science in Edward Heath's cabinet. After two defeats in general elections, the Conservative party elected her its first woman leader in 1975.

After a season of crippling public-sector strikes, Thatcher led the Conservatives to an electoral victory in 1979 and became prime minister. She had pledged to reduce the influence of the trade unions and combat inflation, and her economic policy rested on the introduction of broad changes along free-market lines. She attacked inflation by controlling the money supply and sharply reduced government spending and taxes for higher-income individuals. Although unemployment continued to rise to postwar highs, the decline in economic output was reversed. In 1982, when Argentina invaded the Falkland Islands, a British dependency in the South Atlantic, Britain's successful prosecution of the subsequent war contributed to Thatcher's soaring popularity and to the Conservative win at the polls in 1983.

Thatcher's second government privatized national industries and utilities. She also forced coal miners to return to work after a year on strike, then initiated policies that greatly curbed union power. In foreign affairs, Thatcher was a close ally of President Ronald Reagan and shared his antipathy to Communism. She allowed the United States to station (1980) nuclear cruise missiles in Britain and to use its air bases to bomb Libya in 1986. In 1985 she forged a historic accord with the Republic of Ireland, giving it a consulting role in governing Northern Ireland.

Thatcher led the Conservatives to a third consecutive electoral victory in 1987, although with a reduced majority. She proposed free-market changes to the national health and education systems and introduced a controversial per capita flat-rate "poll tax" to pay for local government, which fueled criticisms that she had no compassion for the poor. Her refusal to support a common European currency and integrated economic policies led to the resignation of her treasury minister in 1989 and her deputy prime minister in 1990.

Disputes over the unpopular poll tax, which took effect in 1990, and over her opposition to integration with Europe led to a leadership challenge (1990) from within her party. She resigned as prime minister, and John Major emerged as her successor. In 1992 Thatcher retired from the House of Commons and was created Baroness Thatcher. In the mid-1990s Thatcher was publicly critical of Major's more moderate policies, and she continued to speak out against Conservative and Labour positions with which she disagreed.

See her memoirs, The Downing Street Years (1993) and The Path to Power (1995), her collected speeches in The Revival of Britain, compiled by A. Cooke (1989), and her Statecraft (2002); biographies by H. Young (1989), J. Blundell (2008), and J. Campbell (2011); C. Moore, Margaret Thatcher: The Authorized Biography: From Grantham to the Falklands (2013); studies by R. Lewis (1984), P. Jenkins (1987), and N. Wapshott (2007).

The Columbia Encyclopedia, 6th ed. Copyright© 2014, The Columbia University Press.

Selected full-text books and articles on this topic

Margaret Thatcher: A Portrait of the Iron Lady
John Blundell.
Algora, 2008
Margaret Thatcher: Prime Minister Indomitable
Juliet S. Thompson; Wayne C. Thompson.
Westview Press, 1994
Thatcher and Thatcherism
Eric J. Evans.
Routledge, 2004 (2nd edition)
Margaret Thatcher: In Victory and Downfall, 1987 and 1990
E. Bruce Geelhoed; James F. Hobbs.
Praeger, 1992
Thatcher, Politics and Fantasy: The Political Culture of Gender and Nation
Heather Nunn.
Lawrence & Wishart, 2002
Leading Minds: An Anatomy of Leadership
Howard Gardner; Emma Laskin.
BasicBooks, 1996
Librarian’s tip: Chap. 12 "Margaret Thatcher: A Clear Sense of Identity"
Churchill to Major: The British Prime Ministership since 1945
R. L. Borthwick; Martin Burch; Philip Giddings; Richard Hodder-Williams; J. M. Lee; Colin Seymour-Ure; Donald Shell; Donald Shell; Richard Hodder-Williams.
M. E. Sharpe, 1995
Librarian’s tip: Includes discussion of Margaret Thatcher in multiple chapters
Governing through Turbulence: Leadership and Change in the Late Twentieth Century
David F. Walsh; Paul J. Best; Kul B. Rai.
Praeger, 1995
Librarian’s tip: Chap. Three "Margaret Thatcher: Economic Decline and Turbulence in the United Kingdom"
Women in World Politics: An Introduction
Francine D'Amico; Peter R. Beckman.
Bergin & Garvey, 1995
Librarian’s tip: Chap. 4 "Prime Minister Margaret Thatcher: The Influence of Her Gender on Her Foreign Policy"
Fifty Key Figures in Twentieth Century British Politics
Keith Laybourn.
Routledge, 2002
Librarian’s tip: "Margaret (Hilda) Thatcher (Baroness Thatcher of Kesteven) 1925-" begins on p. 214
How Voters Change: The 1987 British Election Campaign in Perspective
William L. Miller; Harold D. Clarke; Martin Harrop; Lawrence Leduc; Paul F. Whiteley.
Oxford University, 1990
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