'The Conservative Party Has Struggled To Abandon It's Thatcherite Heritage.' Discuss.

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Robert Jackman

‘The Conservative Party Has Struggled To

Abandon It’s Thatcherite Heritage.’ Discuss.

Even though conservatism is a philosophy that by its very nature attempts to avoid dogma and ideology, it is hard to ignore the profound effect that the trend of New Right conservative thinking has had on the British Conservative Party. Margaret Thatcher’s ideas reshaped the Conservative Party during the eighties, embodying the New Right divide of neo-liberal free market support and the revival of traditional neo-conservative moral values.

        Abandoning the established mixed economy of the Post War Consensus, Thatcher was committed to a rigid strategy of privitisation, putting confidence in the virtues of the market to provide competent public services. Such a commitment to the private industry has continued with following leaders, with John Major choosing to privatise the railways and more recent leaders proposing ‘passport’ schemes for pupils and patients have also invited competition and free market values into the realm of public provided services. Although this neo-liberal preference is still present in the modern Conservative Party, such an approach has become less radical, and a preference for free markets seems currently entrenched in British political culture. The Conservative Party seems conscious that such territory seems occupied by Labour, and have at times appeared to be retreating back towards their One-Nation roots. Iain Duncan Smith expressed his desire to change the direction of the party and to help the ‘vulnerable’ within Britain. However, the current Conservative party seems to be firmly under Thatcher’s order to ‘get the government back off of business’, with Howard’s recent speeches describing business as ‘the lifeblood of Britain’. Tim Yeo also followed the neo-liberal philosophy when he spoke out about the rising minimum wage. He showed concern for the rising wage warning that it would cause high inflation and would be detrimental to the interests of business. This seemed to echo the concerns of neo-liberal economists such as Friedman and Von Hayek, who saw inflation as the prime economic evil.

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        The Thatcherite demand for lower taxes appears to be a continued theme in the Conservative Party. Howard’s election campaign highlighted lower taxes as one of its key manifesto pledges, still following Thatcher’s assault on the Welfare State and the resulting ‘dependency culture’. Indeed tax and public spending has often seemed one of the areas in which the modern Conservative Party has been most uncompromising. Howard has also described a small state and a large individual as one of his key beliefs, which seems to sit well with Thatcher’s ‘no such thing as society, only individuals and their families’ rhetoric. Such ...

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