Miriam's Reviews > The Free Economy and the Strong State: The Politics of Thatcherism

The Free Economy and the Strong State by Andrew Gamble
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's review
Sep 14, 2009

really liked it
bookshelves: non-fiction

Gamble describes Thatcherism as a hegemonic project involving ideology, economics, and politics, and emphasizing a free economy and a strong state. However, Thatcherism should not be viewed as a resurgence of traditional conservativism. Thatcher's program required a reorganization of state and civil society, but she failed to create sufficient state machinery to realize her vision of a free economy. Her efforts benefited the financial sector, but not manufacturing, and thus in the long term contributed to Britain's economic decline. Gamble's arguments are clearly laid out and provide a good contextualization of the global economic and political crises of the 1970s.

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