Foogirl
Baby Abby 11 weeks early
- Joined
- Jan 7, 2009
- Messages
- 6,890
- Reaction score
- 0
There are pockets everywhere which have suffered from underinvestment, as well as from a lack of will from people (of all backgrounds) to make a change. And this is true of every city in every Country in the world, no matter what your politics. But seriously, if you lived in an area where there was no work, and no way to get to work, would you not move?That's not attracting new industry, that's attracting entrepreneurship, when other countries were busy sorting out new car factories for areas affected by mine closures, Thatcher was encouraging small business? That doesn't seem to have worked out too well. Not everyone is as lucky in business as your father, especially not in Scotland, nor does everyone want to start their own business. The decline I witnessed in the area I grew up in London was not due to laziness, but there physically being no work after the Royal Docks were closed and no public transport linking the area to the outside world. The result was and still is an area which is physically cut off and overwhelmed by drug addicts.
There were also a fair few car companies that came to the UK and opened up manufacturing plants in the 80s, most of them in the Enterprise Zones who were afforded tax incentives too. They weren't just for small enterprises. Much of Silicon Glen in Scotland has its roots in Tory policy of the time and has totally turned around an area that lost heavy industry.
The point being coal mining was declining. (And incidentally, it was John Major who privatised that, not Thatcher) Steel production was faltering. Shipbuilding was becoming uncompetitive. The global market was the reason for these things and doesn't it make sense to sell something before it becomes worthless. I've said all along, we wouldn't still have these industries if Thatcher hadn't sold them off.Piper84 said:I'm surprised you think we didn't have tangible assets. What do you think British Coal was? British Rail? British Steel? British Gas? The British Shipbuilders Corporation? British Airways? British Petroleum? Rolls Royce?
I think there were some huge mistakes made in the privatisation of the rail network. I think the infrastructure should have remained in the Government's hands. I think there should have been (and still should be) more Government involvement in the way the services are carved up. I think it is wrong to have different companies running different lines across the Country. I did go on trains in the 70s from time to time and it was never pleasant - and its supposed to be fun for kids!! I'm not suggesting the rail network is brilliant, but I do think it is better than it was.Piper84 said:British Rail was completely self-sufficient in the 1970s and not privatised until the early 1990s, by which time BR was one of the most efficient railways in Europe. If you're suggesting we're better off with a privatised rail network, then I wonder what you think is more positive about it? I don't have the figures for cancelled trains in the 1970s or prices (and I doubt you do either), but the fact is, 20 years after the railways were sold off, the situation is worse, not better, for the rail user. Not only are we paying massively overpriced fares (take a look at this article: https://www.bbc.co.uk/news/magazine-21056703), but you're also more likely to be involved in a fatal accident thanks to the splintered nature of maintenance and safety.
Piper84 said:It looks like you've just lifted this off Wikipedia, but there's more to it. She ushered in the era of highly questionable investment banking and her deregulation was what allowed foreign owners to own more than half of the City's assets. More selling off of family silver if you like. Her actions are what meant the FSA was necessary, ineffective or not.
That's harsh! I don't do wiki. I did study the Thatcher period quite extensively in Economics and found the Andrew Marr book a very interesting read. What she did was bring the UKs financial services sector more in line with that of the rest of the worlds and allowed it to compete. Investment banking in itself isn't a bad thing, if regulated properly. That hasn't happened here nor in the US. Everybody from Thatcher to Gordon Brown, and successive Presidents in the US, have been dazzled by the wrong type of people and the amounts of money being made in the FS industry. The whole thing has been a failure, but I don't believe that has been solely because of the deregulation of financial services in the early 80s. Goodwin et al couldn't have done what they did without A) deregulation of the banking system and B) the backing of some very high ranking politicians - Blair/Brown/Salmond all played their own role. I agree Thatcher was to blame for many things, the banking crisis certainly wasn't one of them.
He put that on himself. And whilst I would wonder what he thought was going to happen with that particular invention, it would be wrong for others to judge him for developing it.Piper84 said:That's not a very good analogy, but one of the inventors of the atom bomb changed fields in disgust at what his research had led to after Hiroshima and Nagasaki, warning of the dangers of nuclear weapons until his death. So if he felt responsible for what his groundwork had enabled, why shouldn't Thatcher be afforded the same judgement?
I don't think, and have never suggested she did either of those things. Of course there was an alternative, there could have been a slower recovery (as we are facing now) She could have done better with the housing sell off by allowing Local Authorities to have more control. Lots of things she could have done better. She has changed a few things in the longer term. She did (albeit unwittingly) Change the face of politics by causing such a split in the Labour party and I do think that's been for the good. The Lib Dems might not be particularly effective but having a louder voice from the middle I think has tempered the radical nature of both parties, and she was the whole reason "new labour" came about, which I think is a far better option than old labour.Piper84 said:The biggest myth surrounding Thatcher is that she did anything good for the country in the long-term. Hopefully, as the dust from her horrendously inappropriate sendoff settles, people will start analysing her legacy properly instead of coming up with the ill-researched platitudes about "there was no alternative" and "she made Britain great again".
See, I also think this is one of the things Thatcher did for the good, in the long term. Unions do still protect those who need it, if they choose to have it. Those millions of workers opted out of this. I think it was right to restrict the right to strike in certain circumstances, the number of strikes we have had since then shows it still is an effective tool at their disposal. I also think with the introduction of much of the European employment legislation there are fewer unscrupulous employers out there. I can see there being any number of reasons union membership fell (and continues to do so today) But I can't accept it is down to this one piece of legislation, introduced not only long after Thatcher came to power, but a fair while after she left too.Piper84 said:She did remove workers' rights in that she made it illegal to strike in certain circumstances via the Trade Union and Labour Relations (Consolidation) Act 1992, dramatically contributing to the fall in union membership and therefore affecting millions of workers' right to fair representation.
I don't know why. I really don't. I can't understand what drives 3 generations of a family to stay in an area with few opportunities, during two booming economic periods where jobs were easy to come by.Piper84 said:Why is that? Is it because people are lazy and don't want to get off their arses, or is it because charity alone is not enough? People generally want to work, but there has to be opportunity for employment for that to happen.
We are indeed in a pretty pickle. And I'm not sure what the best way out of it is. I disagree we are a laughing stock - yet. We haven't reached the Greek/Cypriot/Spain situation - yet. At the moment we are at the table discussing the solution with the world, rather than being part of the problem. This current situation is as much a global phenomenon and has its roots in many, many different places. Which is a whole other debate. I'm not misty eyed about Thatcher. I disagree with many of the things she did and didn't do. Her way was one way of dealing with a deep recession, Milliband, Cameron etc all have a different version. I don't think there is any one of them who will get it totally right. We suffer less for longer or more for shorter, that seems to be what it comes down to. I actually think the best way is just to introduce what will work (be it quickly or slowly) and hunker down and get on with it. None of it is going to matter in the long term because in 10 or 20 years we'll be here again after another boom and the only thing we can do is make hay whilst the sun shines and try to put away enough to get through the next recession.Piper84 said:But still the government refrained from selling off schools, libraries, museums and hospitals. Britain is currently going through its first ever triple-dip recession. Britain has suffered some of the worst infrastructural damage in Europe over the past few years. Unemployment is at its highest for years, manufacturing output is down and people are being forced to move 200 miles away from their homes to find affordable housing. Britain is a laughing stock the world over for its ill-conceived neo liberalism which has proved to be worth nothing with its taxpayers blindly footing the bill and getting misty-eyed at Thatcher's legacy. I think that's a more accurate description of a country being "on its knees".
She didn't. She left them open. She also closed fewer mines than had been closed under previous governments. Major closed more, and as I said earlier it was he who privatised British Coal. We've had many power hungry leaders. I genuinely think she was the least power hungry of them all. I don't think she woke up one morning and thought "oh, I'll make 1.5 million people unemployed today, just because I can, what a hoot" The most power hungry leaders exhibit much more concern about their electoral position and tend to ally themselves with those who can get them back in to power. She was so divisive and made enemies from so many different areas, I don't think you can be on a major power trip if you aren't concerned with maintaining your position.Piper84 said:She made all the changes she wanted because she ultimately wielded the power, but essentially you're saying she closed down the profit-making mines to make a point. Way to reward good business.
ooh, that's unfair. I know a lot of people (many in my family) for whom the Right to Buy worked very well. Not to make lots of money, or to become NIMBYs but to give them some return for the hard work they've done in their lives. I think it was one thing the Government could give back to those who paid rent for a property because they couldn't afford to buy, but who got to retirement and had nothing to show for it. These people then had assets they could pass on to their families and that benefited the poorer in society and allowed their children to have more opportunity. Overall I was against the policy (and still am) but I can see where it has helped.Piper84 said:Oh I think it's something she can be accused of with certainty. Right to buy created a generation of homeowners who evolved into NIMBYs who were only out for their own interests. Not only that, it has created the housing crisis we're seeing today where people can barely afford to rent and spend up to 80% of their wages on housing. I see you've also got something against what you probably perceive as lazy benefit scrounging layabouts who want everything served to them on a plate. I'm not trying to change anyone's point of view here, but I am interested in presenting the facts instead of poorly-researched buzzwords.
Of course I have something against lazy benefit scroungers who expect things to be handed to them on a plate. I pay for them to do nothing. But I also am well aware simply claiming benefits doesn't make you a lazy scrounger and there are far more hard working (or "want to work") claimants and I have no issue with the state helping them along the way. My biggest beef is with anyone (of any background) who has a sense of entitlement and acts like a little bird, beak open, expecting to be catered for. It does seem we have too many people who have that sense of entitlement. Is Thatcher responsible? I have no idea. Some would say there has always been an element of that in the UK. Is it worse now? I don't know. The Daily Mail thinks so
He hasn't quite "made millions" (I wish!!) But he has worked incredibly hard to build a successful business which is now in the hands of my big sister. Sure it was a disproportionate move, but that's where my grandparents happened to live and we couldn't afford to do anything other than live with them. If they'd been closer we would have moved there! My point really was, it wasn't actually an upheaval. It was just what needed to be done.Piper84 said:It's nice that it all worked out for your father, but for most people it didn't. You could also argue that having to move 600 miles with your school-age kids to start again is a pretty disproportionate requirement, but if it's resulted in your father making millions, I'm sure it's easy to forget the upheaval.
Sadly neither Blair or Major did it for me either. I generally don't like any politicians! Sure her actions can't be excused because nobody undid them, I'm just always surprised that (primarily) Labour supporters will direct all their ire at Thatcher but totally ignore the fact these things could have been turned around by others. I really do wonder why Labour didn't re nationalise or open the mines, or kill the right to buy (or build more social housing) Not to say this would make it better, what Thatcher did, but it would seem if their way was better, why not do it?Piper84 said:The reason social housing is hard to come by now is because of Thatcher's right to buy scheme and the councils' selling off of housing to make money. This isn't a thread about Major or Blair (by all means make one if their legacy is what interests you), but you can't excuse the woman's actions by arguing that no-one else undid them, so they can't be that bad. Unfortunately our political system allows regularly changing, majority governments who bring in sledgehammer reforms as quickly as possible before the opposition gets in again, only to see them tinkered with, added to and even reversed completely in a few years, sometimes to win political points. It's what we're seeing Gove doing to the education system now and it's what Thatcher did in the years she was allowed into office.
Totally agree. Short termism is what kills economies. You can't turn a country round in one term. Ironically this is why I do tend to prefer coalition Governments but of course, when it all goes tits up with this one it will be because coalitions are a bad idea - not because the idiots within it are making an arse of it.
Piper84 said:Like I said, I'm hoping her death encourages some discussion about her legacy and I was very pleased to see Cameron not having profited at all in the polls from the Tory pomp and circumstance that was orchestrated yesterday. She lived to a ripe old age, was able to share most of her life with her husband, sorted out her kids financially and given an almost royal sendoff? What's there to feel sorry for?
Discussion is good. I'm certainly enjoying this debate. Free (mostly) from rhetoric and emotion.
What's to feel sorry for? It doesn't matter how old a person is when they die, how well they lived or how they are sent off, they leave behind a family who loved them, who will miss them and for whom life will never be the same. All the money or "Tory Pomp" could never replace the loss of a mother, or a grandmother.
I really am curious if Labour had been in power whether there would have been a state funeral. Isn't it the Queen who decides?