Effects Of Mrs. Thatcher s Policies On The Coal Mining...

Whilst considering the effects of Mrs. Thatcher’s policies on the coal mining communities of the south Wales valleys, the question arises, just how effective were her economic policies for these communities? Whilst much has been made of her achievement at being the first female Prime Minister of Great Britain, she did so with a small majority of just 70, which equated to 43percent of the ‘vote’. However, the cold fact was, that Thatcher, and her conservative government, were now in a primary position to execute her radical socio-political policies on all spheres of British and global life. These policies would later go onto define her political career and enter the ‘truism’ into the English language ‘Thatcherite’. Thatcherism stripped to its bare essentials was primarily, nineteenth century ‘Laissez-Faire’ ideology, its belief was, that the individual should take sole responsibility for him/herself and their family and in doi ng so, would take responsibility for their immediate community; and, for the state to take as small a role as possible in the individuals daily life, alongside play as small a role as possible in the regulation and setting-up of business. Thatcherism meant, defending the realm as was witnessed by her determination to enter into hostilities with Argentina over the Falklands Islands, and above all, to defend its currency and, to de-regulate the market economy alongside creating a state which was supportive of lower taxes, especially for the upper taxShow MoreRelatedUK - Analysis Report31935 Words   |  128 Pagesplace. As the governance indicators illustrate, the UK is one of the most successful nations in terms of the application of rule of law, control of corruption, government effectiveness and regulatory quality. Furthermore, according to the World Bank s governance indicators for 2008, the country was given a high percentile rank of 94.3 on government effectiveness. The heavy i nvolvement of the UK in the war on terror in Afghanistan and Iraq seems to have had some negative consequences. The threat ofRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagesalso issues of ownership and organisation. In the end, the fundamental question is: what future for the Ministry? ââ€"  ââ€"  ââ€"  In 1991, 28-year-old James Palumbo invested  £225,000 (≈a340,000) of his own capital into a new dance club located in an old South London bus depot. As an old Etonian (the UK’s most elitist private school), a graduate of Oxford University and a former merchant banker, Palumbo was an unlikely entrant into a dance culture that was still raw and far from respectable. He actually