+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Margaret Thatcher Has Died

Apr 8, 2013, 17:21 IST

AP

Advertisement

Margaret Thatcher has died, according to several different news outlets. She has been in poor health for awhile, and died of a stroke.

The former UK Prime Minister -- who has been called Britain's "Iron Lady" -- was 87.

Thatcher, who ruled the UK from 1979 to 1990, was massively influential, especially for conservative leaders all around the world.

The FT's obit explains how she famously reformed the UK economy:

Advertisement

The developed world's first woman prime minister transformed a sclerotic UK economy, all but neutered the trade unions and endeavoured “to roll back the frontiers of the state” with a policy of offloading the great nationalised industries and selling council houses to their occupants. Abroad, she was the indomitable leader who won victory over Argentina in the Falklands war, who decided that Mikhail Gorbachev was a Soviet leader she could “do business with” and who inspired a respect for “Thatcherism” as a political philosophy that was never quite matched on the domestic front.

She and Ronald Reagan have been described as political soulmates.

This video of her slamming socialism for wanting to make the poor even poorer, just for the sake of equality, is a great example of why people loved her.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article