These included reducing the role of the state and centralized planning in economic life through privatization or deregulation, cutting income tax, encouraging free markets as one aspect of a free society, changing political attitudes about public expenditure, controlling inflation, increasing the military strength of the West, and supporting the perestroika policy of Gorbachev. According to the USA TODAY, they also mentioned that Reagan and Thatcher's special relationship which is doing well. When she visited the White House for the first time, they didn't find they will have a good relationship exactly. After both of them had become President and Prime Minister, Thatcher said "As soon as I met Governor Reagan, I knew that we were of like mind, and manifestly so did he, we shared a rather unusual philosophy and we shared something else rather unusual as well: We were in politics because we wanted to put our philosophy into
Commonly understood as a political economy committed to rolling back the state, neoliberalism has characterized a decade of challenges and reforms. Both in the US and in the UK, the neoliberal thinking upset the previous political ideas ascribable to the Keynesian Era. Ronald Reagan spearheaded neoliberal policies in the US during his presidency, lasting from 1981 to 1989. The US political context shaped and constrained his ideas, leading this country to a unique neoliberal revolution (Jacob, 1985). A limitation of the power of trade unions, a huge process of deregulation and a relatively slight economic growth had to face, however, an increasing government spending, thus debunking the so-called ‘Reagan myth’ (Krugman, 2008).
The military diminished during the Carter years, but Reagan reversed that by rebuilding the armed forces (Reagan Civics). In particular, President Reagan's Strategic Defense Initiative intimidated the Soviet leaders and influenced them to negotiate with him to reduce nuclear weapons (Jim Woods). Reagan's stiff rule allowed for positives actions to result from such advances. He increased defense spending by more than 40%, increased troop levels, and even got much-needed space parts into the pipeline (Jim Woods). By increasing spending, Americas well-being was therefore cemented for the time being.
In other words the Labour party was made up of strictly labourers and trade union workers. Blair was able to create the Third Way, which meant that his party was neither too right-wing nor too left-wing. The Third Way, allowed Blair to gain the support of the middle class (entrepreneurs), helping him develop his “catch-all” party (was able to bring women and minorities into his party and parliament). He pushed for a mix of conservative and liberal policies, some of which include making the Bank of England operationally independent, to allow for private investments and increased revenue (a conservative policy) and more liberal social policies (ex. Promoting new rights for gay people through the Civil Partnership Act of 2004).
As Anthony Seldon and Daniel Collings stated in their publication, Britain Under Thatcher, The policy of privatisation called "a crucial ingredient of Thatcherism" (Seldon, Collings, 1). Thatcher accelerated her wish to privatise many state owned companies after her success in retaining power from the 1983 general election. The government sold twenty nine billion pounds worth of state owned business to private companies. This impacted British society as it fuelled the huge economic growth that the United Kingdom experienced during this time. However, privatisation also often results in these services becoming more expensive to the general public as private businesses run their companies to make a profit, whereas the government’s main focus for these services is to make them available to its citizens, then to try and make a profit.
The Rise of Ronald Reagan and Republican Conservatism Conservatism and liberalism are two of the most dominant political philosophies and ideologies during the post-Enlightenment era (Stanford Encyclopedia of Philosophy). As an ideology, conservatism served as a blueprint in the society which promoted the idea of retaining traditional social institutions, beliefs, cultures and discourage social changes. Although the United States of America during the present day promotes liberalism, there was one portion of the country’s history that conservatism was promoted due to several factors. This paper examines the very factors which gave rise to conservatism embodied in the candidacy of Ronald Reagan. The events which happened prior to the rise of conservatism are important factors that need to be determined because such factors contributed to the rise of the ideology.
It is argued that ‘soft power’ that the United States had amassed, the popularity of the American culture and the attraction of it played a part in the nation’s victory in the Cold War. The notion of ‘soft power’ as can be derived from the film has the country gain the ability to get what it wants through attraction instead of coercion. Such applies to the film considering the advantaged position that the United States gain by establishing the critical vulnerability in the alien ship. By sharing this new-gotten knowledge, the United States would be enabling other countries to defeat the rest of the destroyer ships (Eriksson and Norman 426). Such set the basis of the ‘soft power’ that the United States develop as it begins shaping the preferences
Since 1979 the Conservative government, which came to power, was led by the energetic M. Thatcher, who proposed an entirely new economic development program radically different from all previous programs. Such economic development strategy in history was known as neoconservatism. She rejected all strong state regulation of the economy, i.e. the idea of Keynesianism. The new government analyzed the accumulated economic problems and came to the conclusion that in order to exit the country from this situation it is necessary to eliminate in the social and economic system a number of shortcomings.
According to Marian Wright Edelman, a credible author from the Children’s Defense Fund in Washington, DC, in the article, Ending Childhood Poverty in America, the author discusses multiple ways to increase investments in children without increasing the debt (Edelman, 2016, S7). One of the main things mentioned in the article was reducing and limiting America's military spending. Military funds includes nuclear weapon spending and things such as military assistance and any other pentagon expenses, which costs the US 597.1 billion dollars (Amadeo, 2018). Though these expenses are controversial within the US, it is commonly protested and something liberals advocate for consistently. With that being said, author Edelman emphasizes the fact that the United States is accountable for about five percent of the entire world’s population but more than 37% of the world’s military expenses.