Thatcherism

From Thatcher +‎ -ism. Popularized by Jamaican-born British sociologist and cultural theorist Stuart Hall in an article in Marxism Today, see quotations.

Thatcherism

1. (UK politics) The political ideology attributed to the governments of British prime minister Margaret Thatcher (1979–1990), characterised by, among other things, a free market economy, privatisation, low taxation, austerity and opposition to unionisation.
   • 1979 January, Stuart Hall, “The Great Moving Right Show”, in Marxism Today, page 14:

     Thus “Thatcherism” is—give or take one or two elements—the corresponding political bedfellow of a period of capitalist recession: the significant differences between this and other variants of Tory “philosophy” being conceived as without any specific pertinent political or ideological effects.