"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
Thatcher is blamed a lot of the time for somehow destroying British Industry, but British Industry was already uncompetitive on a sliding slope after the 70's when under Labour Britain has nearly gone on t bankruptcy again and stagflation blighted the country. Nobody wanted ships built in Britain they were expensive and unions were constantly walking out, hence they had their ship built in the Far East, whilst by the late 70's the British Car Industry had become a national joke with constant walkouts, poor quality and design and very poor management and union relations. The same story could be applied to lots of British Industry and at the very least Thatcher's Monterist policies whether you agree with them or not helped to curb hyper inflation which had plagued the country back in the 1970's. Personally I think some people gloss over the 1970's when Britain was in deep trouble and go straight to Thatcher blaming her for everything which is far from the reality of the situation, she was in power at a difficult period of time, made some difficult decisions and stuck to her principles and beliefs and for that I admire her.
Last edited by Chatter; 04-09-13 at 05:07 AM.
Street parties and/or street violence in Brixton, Glasgow and Belfast. All the old hot spots.
"The crisis will end when fear changes sides" - Pablo Iglesias Turrión
"Austerity is used as a cover to reconfigure society and increase inequality and injustice." - Jeremy Corbyn
. Of course I wish Foot had won and that she had lost. That way we wouldn't be in the **** we're in now, and I'm not talking economically, although a lot of that can be laid at her door too.
We stopped competing in areas where cheap Chinese labour was always going to win and specialised in areas which would be hard for up and coming economies to duplicate and compete easily.
The crux of the problem is a belief the world owes you something and boy are you going to strike and riot till you get it. Not work for it - just strike.