Thatcherism is the system of political thought attributed to the governments of Margaret Thatcher, British Prime Minister from 1979 to 1990. Thatcher was unusual among British Conservative Prime Ministers in that she was a highly ideological leader — she once slammed a copy of Friedrich Hayek's The Constitution of Liberty down on a table during a Shadow Cabinet meeting, saying, "This is what we believe." Overview "Thatcherism" is characterized by decreased state intervention via the free… (More on Thatcherite)