British parliament unites in praise of Margaret Thatcher
Wednesday’s reconvening of Britain’s parliament to mark the death of former Prime Minister Margaret Thatcher was a gathering of her political offspring.
Baroness Thatcher, who led the Conservative government between 1979 and 1990, died Monday of a stroke, aged 87. Her premiership was the expression in Britain of a right-wing shift in international politics aimed at removing any obstacles on the accumulation of private wealth at the expense of the working class.
In little over a decade under her rule, the social gains made by [ordinary people] in the post-war period were sent into sharp reverse. By the time she left office in 1990, the proportion of wealth controlled by the richest ten percent of the population had doubled. So too had child poverty.
In the following decades, not only has social inequality become more ingrained. The processes she helped set in motion—of rampant and criminal financial speculation—are directly responsible for the global banking crisis of 2008, and the policies of mass austerity being rolled out internationally: more than £150 billion in spending cuts in Britain alone, and counting.
This social misery accounts for the massive security operation being put into place for her funeral next Wednesday, including threats that police may make “pre-emptive arrests” of potential protestors. It is why, even amid the sycophantic coverage of her passing, the media acknowledged Thatcher as a “divisive” figure. What this means is that she was widely despised by working people and remembered with fondness primarily by a much smaller number of the wealthy whom she served so well.
The parliamentary tribute to Thatcher expressed the sentiments of the rich and powerful towards their political mentor. They united to celebrate as a great stateswoman, even a national heroine, the “shopkeeper’s daughter” who “broke the glass ceiling” to become the UK’s first female prime minister.