Abstract
Thatcherism may be defined as the economic, social and political ideas and particular style of leadership associated with Margaret Thatcher. The British Prime Minister who served the nation from 1979 to 1990, believed in a mixture of neo-liberal beliefs in the free market and neo-conservative social attitudes and beliefs about the limited role of government. (Jones et al. 2004: 797). The Thatcherism revolution in British politics and the conservative domination in Westminster from 1979 to 1997 were provoked by counterpoint deep changes in the Labor party. After having been tempted by an electorally disastrous left-wing set of policies, the Labor party had knowledge about the 1983 general election defeat that was tilted towards a large movement of ideological renewal. Undertaken by Neil Kinnock, pursued by John Smith and achieved by Tony Blair, this wide wave of internal reforms has led to the now called ?New Labor'. We question as to what extent is Blair's New Labor the true heir to Thatcherism. It seems the influence of the Thatcher years and of some of the ideas of the New Right under the current ruling party is undisputable.
