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Britain Transformed A-Level History Thatcher Summary Notes: State CA$6.37   Add to cart

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Britain Transformed A-Level History Thatcher Summary Notes: State

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Edexcel Paper 1 A-level History notes which summarise the textbook chapters. The notes roughly summarised and paraphrased are intended to aid ones revision for the exam. In order to receive the most out of this, I would recommend creating flashcards from them and using as prompts instead of the tex...

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  • July 6, 2023
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Thatcher:Rolling back the state

Thatcher and state intervention
Economic liberty through free economy and market
To end Keynesianism
End corporatism
cut government spending on welfare
cut direct taxes

Threatened by:
soviet union
powerful union and vested interests, un democratic unions
terrorists, hooligans, and muggers- violence



🗳 State intervention: Economy and influence on politics or society




Corporatism
Economic management style where gov negotiated with common policy on pay

Thatcher and her ministers, including Tebbit, politicised the term

Abandoned corporatism from 1979

Gov to abandon prices and incomes policies

Stopped negotiating with major unions

The department for trade and industry reorganised to break links with the condederation
of british industry

Meant gov gave up important tool of state intervention



Keynesianism

Thatcher:Rolling back the state 1

, Cutting taxes and increase spending

Thatcher rejected, believe it led to high inflation and disruption of free market

Howe budgets cut spending

Lawson cut taxes

Didn’t mean end of economic management, just different monetary policy




Union policy
Gov tried to control unions- significant extension of state power

The employment act 1980 criminalised secondary action

The employment act 1982- union leaders could only imposed close shop if backing of
majority in secret ballot

The trade union act 1984- unions to call secret ballot and win a majority before starting
strike action

By extending state power, British unions weakened.




Defence
1979- US cruise missiles stationed on British territory

1980- Trident bought- nuclear weapons for us

For first 15 years trident cost £7.5bn/ year

1981, the defence review, entitled, The way forward, committed 3% spending increase
every year

1982 approval of Falkland Islands Argentina operation to retake

1986 permission for us bombers stationed in britain to bomb raid Libya

Defence spending rose by 20% 1979-86


Consequences of the spending on trident
1984-86- 18,000 troops made redundant



Thatcher:Rolling back the state 2

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