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Margaret Thatcher Dies At 87

syngularyx writes "Margaret Thatcher, the former British prime minister who became one of the most influential global leaders of the postwar period, died on Monday, three decades after her championing of free-market economics and individual choice transformed Britain's economy and her vigorous foreign policy played a key role in the end of the Cold War."

333 of 539 comments (clear)

  1. Good riddance by AmiMoJo · · Score: 2, Insightful

    Good riddance. She was a terrible Prime Minister and caused untold suffering and misery.

    PS. How is this News for Nerds? Why isn't the story tagged "troll"?

    --
    const int one = 65536; (Silvermoon, Texture.cs)
    SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    1. Re:Good riddance by Anonymous Coward · · Score: 2, Insightful

      What a shame. She was a great Prime Minister and caused a massive shift in the British economy for the better.

    2. Re:Good riddance by Anonymous Coward · · Score: 1

      Um ... we live in a world in which politicians like her can have a real (bad) effect on individual's live .. so it affects all of us

    3. Re:Good riddance by Big+Hairy+Ian · · Score: 4, Insightful

      She basically shut down the UK's manufacturing industry and moved us over to a service industry economy. Pity we're now outsourcing all the services. I remember living under her stiletto boot heels I'll not be dancing in the streets like some will be but I'll not miss her either.

      --

      Build a Man a Fire, and He'll Be Warm for a Day. Set a Man on Fire, and He'll Be Warm for the Rest of His Life.

    4. Re:Good riddance by TheLink · · Score: 5, Informative

      http://en.wikipedia.org/wiki/Ice_cream

      One important development in the 20th century was the introduction of soft ice cream. A chemical research team in Britain (of which a young Margaret Thatcher was a member)[21][22] discovered a method of doubling the amount of air in ice cream, which allowed manufacturers to use less ingredients, thereby reducing costs. It made possible the soft ice cream machine in which a cone is filled beneath a spigot on order. In the United States, Dairy Queen, Carvel, and Tastee-Freez pioneered in establishing chains of soft-serve ice cream outlets.

      How's that not nerdy enough for you?

      --
    5. Re:Good riddance by Anonymous Coward · · Score: 5, Insightful

      She basically shut down the UK's manufacturing industry and moved us over to a service industry economy. Pity we're now outsourcing all the services.

      The UK economy has grown massively since the 1980's, so apparently we're insourcing more than we're outsourcing.

      Manufacturing was dead by the time she arrived, the unions did it to themselves. All she did was pull the plug to put them out of their misery.

    6. Re:Good riddance by sa1lnr · · Score: 4, Insightful

      Bad management didn't have anything to do with it though, did it?

    7. Re:Good riddance by Goose+In+Orbit · · Score: 5, Informative

      Not forgetting the great 80s selloff of British Gas/Petroleum/Telecom under the guise of "greater share ownership for all" - whereas in reality most people bought their allocation, sold at a profit 3 days later and spent the "free" money they got as a result on stuff... ...result? Most of the shares ended up with Zarquon-knows-who and they've been getting away with making vast profits at our expense ever since... profits that could have saved taxpayers having to pay untold billions extra from their hard-earned wages - all that was needed was to get some decent managers in to run the damn things properly...

    8. Re:Good riddance by sa1lnr · · Score: 2, Insightful

      So she helped to make the Mr Whippy rubbish that passes for ice cream in this country.

    9. Re:Good riddance by Anonymous Coward · · Score: 5, Insightful

      To the contrary, she was one of the greatest politicians of the XX century. Together with Ronald Reagan and John Paul II she finished Soviet Union without going to war. That is why the Left hates her so much. She has proven how corrupt and dumb are leftist ideas. You sir are one of those usefull idiots that Moscow was using to cover their genocidal political system. Why don't you move to Cuba or North Korea, the last bastions of your belowed ideology ?

      JAM

      North Korea?

      Because anybody except a brainwashed idiot who worships the "Right-wing ideology" would have recognized that North Korea doesn't even pretend to be Communist any more, since giving lip service to it doesn't get them any donations from Russia today. Instead they've adopted a nationalist stance with an aggressive military-first posture.

      But no, don't let that get in the way of your empty rhetoric. You can keep on believing Reagan saved the world from the terror of the Soviet Union, but Reagan was just a patsy buying into the fabricated antagonism that was developed after WW2 when the wealthy industrialists needed something to keep the cash flowing into their coffers.

    10. Re:Good riddance by Anonymous Coward · · Score: 1

      Of course people living of public money or union workers who want money despite any circumstances would complain ... shame on slashdot for vilifying her. She's done more for Britain than any other politician after Churchill.

    11. Re:Good riddance by serviscope_minor · · Score: 3, Insightful

      I like Mr Whippy. It's not like ice cream, but it is a tasty frozen confection in its own right.

      --
      SJW n. One who posts facts.
    12. Re:Good riddance by Onymous+Hero · · Score: 5, Informative

      The unions killed manufacturing (as it was then). Thatcher killed the unions. The value of UK manufacturing increased since Thatcher was in power: http://tutor2u.net/economics/content/essentials/manufacturing_industry_in_uk_clip_image002_0000.gif

    13. Re:Good riddance by DrXym · · Score: 4, Insightful

      Despite what I think of Thatcher for other reasons, she did what previous leaders lacked the balls to do - stand up to the unions and put them in their place.

    14. Re:Good riddance by Anonymous Coward · · Score: 1

      Has it grown like the US where the rich see huge income increases while the middle class remains stagnant? This is what happens when you destroy manufacturing and unions. When everybody is a shopkeeper, everybody gets paid like a shopkeeper.

    15. Re:Good riddance by Confuse+Ed · · Score: 5, Informative

      re:

      PS. How is this News for Nerds? Why isn't the story tagged "troll"?

      Unusually these days for a politician she was originally a science graduate ( http://en.wikipedia.org/wiki/Margaret_Thatcher#Early_life_and_education ) rather than coming in as a career politician or purely legal background (although she did switch track and become a barrister)

      Some of this showed through in her leadership style - trying to do the logical thing for the best long term results (at least in her analysis) rather than trying to win the popularity contest and appealing to the masses. Sometimes this worked out (surely everyone can at least agree that earning the nickname 'iron lady' is pretty cool? and my memories of the 80s are that most peoples standard of living improved significantly) but in other cases it contributed to her downfall - e.g. the per-person 'poll tax' vs. a property-based tax for local services (such as rubbish/refuse collection) surely makes some logical sense to many slashdot readers? but unfortunately it made a larger number of people pay more tax than those unaffected / getting a a tax reduction so it was a political disaster.

    16. Re:Good riddance by Anonymous Coward · · Score: 1

      You clearly have not been a part of the working sector. Labour unions are entirely subject to the dictates of the investor class, not the other way around. The reason laws protecting unions are necessary is precisely because of this.

    17. Re:Good riddance by kraut · · Score: 4, Insightful

      She basically shut down the UK's manufacturing industry and moved us over to a service industry economy. Pity we're now outsourcing all the services. I remember living under her stiletto boot heels I'll not be dancing in the streets like some will be but I'll not miss her either.

      She didn't kill British Industry; the Unions did that.

      She just put it out of its misery.

      --
      no taxation without representation!
    18. Re:Good riddance by fustakrakich · · Score: 2, Insightful

      Yep, she and Saint Ronnie were a matched set... They made vast fortunes for their friends

      --
      “He’s not deformed, he’s just drunk!”
    19. Re:Good riddance by jacekm · · Score: 5, Insightful

      Contrary to you, sir, I lived in a communist country at that time and thank God I don't anymore. Sure it collapsed economically, like all stupid leftist ideas must. Reagan with Tatcher was instrumental to speed it up and avoid military disaster by projecting strength. You probably too young to remeber president Carter. Bumbling idiot who extended suffering of millions under communist rule by his stupid policy of appeasement. The usefull idiot name is not a name that I made up. It is a KGB name for leftist crowd, mainly young dumb students in the Western Europe who was brainwashed by their universities in support of the left ideology. The T shirts with the mass murdered Che Guevarra are example of how stupid the leftist crowd was and still is. The reason they called them idiots, was because they were basically working for Soviet propaganda completely for free. The Moscov is still succesfully using this mechanism currently in western green movements to protect Russian energy sector against western competition.

      JAM

    20. Re:Good riddance by Anonymous Coward · · Score: 3, Insightful

      There is no such thing as an 'investor class'. It only exists in the minds of labour unions and their members. Anyone can invest.

    21. Re:Good riddance by SirGarlon · · Score: 1

      PS. How is this News for Nerds?

      You must be new here. Lots of Slashdotters are interested in politics and especially the intersection of public policy and personal liberty.

      You are, of course, entitled to your opinion of Ms. Thatcher, but I think the analysis of any Cold War leader ought to be a little more nuanced than "she was terrible." Can you at least elaborate on the suffering and misery she caused? Many of us are across the pond, too young, and/or have short memories.

      --
      [Sir Garlon] is the marvellest knight that is now living, for he destroyeth many good knights, for he goeth invisible.
    22. Re:Good riddance by Ginger+Unicorn · · Score: 3, Insightful

      What kind of soulless monster doesn't love Mr Whippy?

      --
      (1.21 gigawatts) / (88 miles per hour) = 30 757 874 newtons
    23. Re:Good riddance by Faluzeer · · Score: 1

      To the contrary, she was one of the greatest politicians of the XX century. Together with Ronald Reagan and John Paul II she finished Soviet Union without going to war. That is why the Left hates her so much. She has proven how corrupt and dumb are leftist ideas. You sir are one of those usefull idiots that Moscow was using to cover their genocidal political system. Why don't you move to Cuba or North Korea, the last bastions of your belowed ideology ?

      JAM

      Hmmm

      I can't answer for anyone else, but my dislike of Thatcher has everything to with her economic policies within the United Kingdom and absolutely nothing to do with what happened to the Soviet Union.

      I believe it is accurate to state that her popularity, with the general public of the UK, decreased as the distance from London increased.

    24. Re:Good riddance by Dan+Dankleton · · Score: 4, Insightful

      No - only people with savings they can afford to risk can invest.

    25. Re:Good riddance by Omestes · · Score: 4, Insightful

      Technically true, but in reality meaningless.

      The amount of investments that most people have is pretty much nothing, barring things like 401ks. Even if I put all of my free money (i.e. money not tagged for necessary things, like food, rent, gas, insurance, etc...) in investments, it would amount to pretty much nothing, especially when we contrast this to people who have millions in various markets. There is a class of people who live off of investments, there is a point when you have enough money to basically make money from having money. Most of us aren't there, and never will be.

      I'm not saying that is a bad thing, or that the GP is right. But there is a point where you have to admit that things are very different for us peons, than for the rich (again, not a value judgement, just a statement of fact).

      --
      A patriot must always be ready to defend his country against his government. -edward abbey
    26. Re:Good riddance by Xest · · Score: 5, Insightful

      This is really the problem you have with judging Thatcher.

      On one hand you have people telling us she's the devil, modding troll and flamebait left and right because she kicked their puppy when they were young or whatever.

      Then on the other you have facts and statistics showing that Labour previous to her actually shut down more mines, that manufacturing actually increased under her, that the economy very clearly improved under her, that British political clout on the world stage massively strengthened under her (which was no mean feat given that since World War II Britain's post-imperial influence had been in free-fall until she came along), and perhaps most importantly, she was elected 3 times which suggests that actually most people did prefer her to the alternative.

      It's kind of hard to reconcile the two, but ultimately the former is subjective, and the latter is objective. I'd much rather put faith in objectivity than subjectivity.

    27. Re:Good riddance by Alex+Belits · · Score: 1, Insightful

      Right-wing nutters do deserve some credit -- they amplified Gorbachev's stupidity and provided charlatan economists to Yeltsin's administration. Not that there is much to be proud of in that.

      --
      Contrary to the popular belief, there indeed is no God.
    28. Re:Good riddance by Omestes · · Score: 1

      Gee, I seem to remember there is no Soviet Union anymore. And yes we can thank Ronaldus Maximus for this.

      Geopolitical events are very complicated, and rarely, if ever, have a single cause. The fall of the Soviet Union is not different. I'll say that Saint Ronny had his hand in it, as did Thatcher, but they aren't the only causes, and don't deserve all the credit. There were economic factors, cultural factors, and political factors within the Soviet Union that also nudged it into death, and Ronny or Thatcher deserve no credit for these.

      But then again you might be being facetious, sadly I can't tell anymore. Some people have taken their belief systems to the point where it is completely indistinguishable from parody.

      --
      A patriot must always be ready to defend his country against his government. -edward abbey
    29. Re:Good riddance by ToadProphet · · Score: 4, Insightful

      The UK economy has grown massively since the 1980's

      Not on balance. It's grown like most of the west has - borrowing massive amounts from the private sector to be paid back by future generations.

      --
      It's on America's tortured brow, That Mickey Mouse has grown up a cow
    30. Re: Good riddance by lxs · · Score: 1

      So even at an early age she found a way to make people pay more for less.

      Sounds about right.

    31. Re:Good riddance by nukenerd · · Score: 4, Interesting

      Strange to see this comment on a techies' site because the "shift" you praise was away from technology, in which the UK had excelled since the industrial revolution, to "service" industries. Mrs T came from a tech background herself, but having changed careers she had it in for it. Knowing her, you can imagine her resentment and relish for revenge for having been the laboratory junior, making the tea etc.

      She thought that Britons were cleverer than the rest of the world so Britain could make its living from purely cerebrial work, like finance, without getting its hands dirty. And of course, selling the "family silver" (the UK industries) and North Sea oil would keep the UK going, for some time anyway. This was before the internet allowed many service industries (apart from the most crappy things like washing up) to be outsourced, even more easily than manufacturing which has significant shipping costs.

      The French, Germans and Italians, the most comparable nations, did not follow suit. My own industry - railway engineering - was decimated by Mrs T (she particularly hated railways) and the world-leading railway technology we had was largely picked up by those nations to supplement their own, and they now manufacture and sell the hardware to us.

      It is a mystery to me what we live on now in the UK. Everyone I know is basically shifting paperwork around and is, metaphorically speaking, taking in each others' washing. The shit is starting to hit the fan now though.

      Here is what I think of her free market theories The Grantham Grocer Fallacy. "The Grantham Grocer fallacy" because she thought it would work as it did among the Grocers of Grantham ( as her father was) during the 30's and 40's. I loathed the bitch, yet I am most definitely not a socialist. Views on her were binary - some loathed her while the others thought the light of the World shone out of her backside.

    32. Re:Good riddance by Anonymous Coward · · Score: 2, Insightful

      Oh here we go. "Oh well yeah but there aren't any true Scotsmen...er, Communist Countries! Your house of dominoes has collapsed, checkmate!"

      Oh look it's that guy from My Family !

    33. Re:Good riddance by drinkypoo · · Score: 2

      Again, no. There was no economic effect from dissolution of USSR, it was a purely political move.

      What?

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    34. Re:Good riddance by ultranova · · Score: 4, Insightful

      Bad management didn't have anything to do with it though, did it?

      Economics 101: if the economy does badly, it's the fault of unions, while if it does well, it's the merit of execs and investors. Also, an industry can only be succesfull if it gets to share risks but not profits with the employees.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    35. Re:Good riddance by nukenerd · · Score: 4, Informative

      The value of UK manufacturing increased since Thatcher was in power: http://tutor2u.net/economics/content/essentials/manufacturing_industry_in_uk_clip_image002_0000.gif

      Well, I have seen plenty of lies with statistics. Not saying this is a lie, just that I cannot remember the last manufactured thing I bought that said "Made in the UK" - apart from a box of Xmas crackers. It is no longer possible to buy a sane british car (I don't count Jap assembly plants in the UK, because the clever designing is done elsewhere and those plants are just chimps banging things together). You do realise that stuff coming from abroad as a kit and assembled here is counted as made in the UK as far as the spin doctors are concerned?

      I also know that whole areas of cities that were once factories have been flattened and replaced by housing and "retail outlets". Small anecdote - I want to get something cast in iron. Despite being in South Wales, once a centre of iron and steel making, I cannot find anywhere for it. Suggestion gratefully received.

    36. Re:Good riddance by bfandreas · · Score: 3, Funny

      Fry&Laurie put her policies best:

      http://www.youtube.com/watch?v=jhpNqSSdThc
      http://www.youtube.com/watch?v=k6CkltzGAxY

      This is a good deal for Britain. A good deal.

      --
      20 minutes into the future
    37. Re:Good riddance by Anonymous Coward · · Score: 2, Informative

      I would suggest the latter is subjective too. For instance:

      Does the manufacturing industry graph include North Sea Oil revenues which were nothing to do with government policy?
      How was the huge drop in manufacturing in 1979 good for Britain, where would we be if we didn't have that drop?
      Was the big recovery in the late '80s really just a housing price bubble?

      Not taking a position either way on her legacy, BTW, only pointing out that most economic data is useless for isolating the efficacy of government policy.

    38. Re:Good riddance by bfandreas · · Score: 5, Informative

      That was a great one and was copied by the whole of Europe.

      What happened was that a lot of infrastructure payed for by the tax payer was sold off. The countries held onto a couple of shares. The services became cheaper but so became the policies.
      While a government run Telco had to guarantee service for even the remotest bits of the country the privately held ones only had to go after the juiciest bits and leave the scraps for the plebs who dared to live in the sticks.

      Same goes for the German railway system. While the lion share of it is owned by the public it is run as a for profit company. In which time they allowed the infrastructure to deteriorate in order to run the company cheaply on order to go public with better looking books. The going public bit never really materialized and the railway network is now so bad that we daren't run our high-speed trains at high speed. Every once in a while there will be a breakdown, the whole mess returns to the news and a fortnight later it is forgotten again.


      Essentials should always be run by the state or with lots of oversight to make sure said essentials are equally available to everyone. Why else bother with having a country? To fund a huge military as a masturbatory aid for backbench MPs? That hardly seems worth the bother.

      --
      20 minutes into the future
    39. Re:Good riddance by Alex+Belits · · Score: 1

      "Balkanization" is a general name of the process. It has nothing to do with any particular causes or mechanisms, political or economical. Balkans themselves have history of racism, conquests by various empires, and plain bad government.

      USSR was dissolved by decision of three people (Yeltsin, Kuchma and Shushkevich) in one meeting, as those three were heads of three major USSR members (of fifteen total) while Gorbachev looked like an idiot after a bunch of his subordinates in USSR government staged a coup against him. Basically, USSR members' Presidents gave themselves more power by "upgrading" their USSR-member states to independent countries, without listening to anyone and anything.

      --
      Contrary to the popular belief, there indeed is no God.
    40. Re:Good riddance by ahabswhale · · Score: 2

      How so? Earnings have been stagnant (if you account for inflation).

      --
      Are agnostics skeptical of unicorns too?
    41. Re:Good riddance by Xest · · Score: 4, Informative

      I think you have to take into context the starting point, and that was that the UK had had to go to the IMF for a bailout. Also, 11 years is a reasonable enough time span to expect that it was at least in part due to political policy, were it only say, a 4 year run you could indeed reasonably argue that political policy hadn't had enough time to take effect to be relevant.

      But however you look at it, it's still going to be better than completely subjective opinion which has as much validity as me claiming that Thatcher was in fact an alien from outer space who came here for no other reason than to troll humans by making a nation divided over her. Certain facts, such as the fact she was elected 3 times, are pretty hard to dispute, especially so when you look at the percentages of popular vote of her party vs. Labour at the time:

      1979: 43.9% vs. 36.9%
      1983: 42.4% vs. 27.6%
      1987: 42.2% vs. 30.8%

      Those are some pretty damning majorities against the idea that she was universally horrible and hated.

    42. Re:Good riddance by dunkelfalke · · Score: 1

      I lived in a communist country at that time

      So did I and I call you bullshit. If anything, the sable rattling from US and UK have prolongued the cold war by scaring the Soviet leaders. Without them, something like perestroika could have started in mid seventies, maybe even earlier.

      --
      "It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
    43. Re:Good riddance by progician · · Score: 5, Informative

      You're so out of touch with reality that it amazes me. Yeah, everybody can invest... except that some people, in fact, the majority of people has no money to do so after they paid their living costs. Some people, having more money than their living, and a few of them has far more than a country could spend on food, shelter, basic healthcare and education.

      Everybody can invest, the law allow them to do so. But of course, people can also lawfully die in hunger in most of the countries on Earth.

      I heard this tired argument so many times. Having a theoretical possibility by some abstract freedom does not translate at all widespread ability to use that freedom. There is a group in society who can afford to invest and thus own basically the entire economy.

      There's an "investor class", but that is called more precisely the capitalist class. Because they run the show, they have massive assets at their disposal that produces enough dividend that they can re-invest and thus blocking the access to all newly created wealth. Sometimes there's some reshuffle of course, but socially the class division is untouched.

    44. Re:Good riddance by Rufty · · Score: 1

      Anyone who has tried real ice cream.

      --
      Red to red, black to black. Switch it on, but stand well back.
    45. Re:Good riddance by ninlilizi · · Score: 1

      I think economic growth is a very poor metric for longterm success of any society.

      Your evolving the fitness of the society based on a concept of infinite growth in a finite system.
      It's closer to Schizophrenia than progress.

    46. Re:Good riddance by deoxyribonucleose · · Score: 3, Informative

      I'm curious: are you able to find a pure car anywhere these days? Using non-Soviet-era technology? Welcome to the 21st century and global supply chains. Oddly enough, trading with foreigners doesn't necessarily make you poorer...

    47. Re:Good riddance by Goose+In+Orbit · · Score: 2

      Hear! Hear!

    48. Re:Good riddance by roman_mir · · Score: 1

      High 5.

      The cool thing about Thatcher was that she actually read and understood Hayek, actually she had a list of his quotes in a notebook that she always had with her.

    49. Re:Good riddance by ninjagin · · Score: 1

      Ah! ... when Fry was thin. Thanks for these.

      --
      .. pa-ra-bo-la, pa-ra-bo-la, 2 pi R, 2 pi R, where's your latus rectum, where's your latus rectum, 2 pi R
    50. Re:Good riddance by RabidReindeer · · Score: 1

      Anyone can invest.

      Unless you have a voting share, it doesn't matter.

      Unless you have a lot of voting shares, it still doesn't matter.

    51. Re:Good riddance by Maury+Markowitz · · Score: 2

      "She basically shut down the UK's manufacturing industry and moved us over to a service industry economy"

      Why do people imply this is a bad thing?

      Imagine I make a widget that costs me $100 to build and I sell for $120.
      Now imagine I charge people $120 to ride a roller coaster for a day, which costs me $100 to run.

      Economically, the effect of these two is identical.

      But wait, you say, someone has to build *something*, right?
      Why? It is entirely possible to run a complete economy without any physical goods. Ask the tourism business.
      And it is clear that we will gladly pay for virtual goods as much as physical - ask the cable TV business.

      So I'm all for a switch to services and virtual goods.

    52. Re:Good riddance by StoneyMahoney · · Score: 1

      Something else to keep in mind is that the economic advice she was given at the time by Alan Greenspan was the same advice a lot of countries were getting and, on the face of it, it was working. There is little doubt in my mind that the particular brand of free-market Capitalism fostered around the world since the late-seventies / early-eighties is the prime contributor to the current financial crisis, but we are looking back on that situation with hindsight and all we can say is that she did what she thought was right at the time and it appeared to be working at the time. Even if she laid the groundwork, we can't really hold her culpable for the decisions made since she left power even if she did, which ultimately on both sides led us to the brink of complete meltdown. If we did that, we'd be out looking for the fossil of some Neanderthal who gouged another Neanderthal on the price of rocks as the root cause of all this.

    53. Re:Good riddance by StoneyMahoney · · Score: 3, Interesting

      She knew how to play the politics game. Her opinion polls were absurdly bad, but she rattled the Jingoist sabre with the Falklands conflict and let the middle classes buy their council homes. That was all it took, two master-stroke policies. Whatever your opinion on the long-term effects of what she did, no-one can argue she wasn't good at doing it.

    54. Re:Good riddance by RabidReindeer · · Score: 5, Insightful

      Having savings or being able to risk them is not dependant on 'class'.

      Only in America is "class" equated with wealth. Class is an indicator of your position - or lack of one - in an aristocratically structured society. Upper-class people are typically wealthier than their lower-class counterparts, but that has more with the fact than before "them that has the gold makes the rules" there was "them that makes the rules gets the gold".

      Wealth, on the other hand is largely measured in terms of disposable income. If every cent you make goes immediately out for necessities, you don't have wealth. And wealth is what determines ones ability to invest, not class.

    55. Re:Good riddance by StoneyMahoney · · Score: 1

      Indeed, it is arguable that the Capitalist system is just as flawed and unworkable in the long-term than the Communist system, it's just the Capitalist system just has a slightly longer shelf-life. I guess we'll see. Crystal balls at the ready... ...it's so tough being centrist when everyone, including the left (or at least the ones worth listening to), is already so far to the right...

    56. Re:Good riddance by bfandreas · · Score: 1

      As I recall she wasn't particularly keen on this Falklands thing. But the public opinion in a jingoist uproar demanded blood. So she roared with them.
      Why not buy an election with a couple of ordinary human lives? That's a bargain! And we'll all be back for tea and medals in no time!

      In a cruel repeat of then we've got the same bloody Falklands mess again. But that's the problems you've got when you own an island made of pure gold.

      --
      20 minutes into the future
    57. Re:Good riddance by StoneyMahoney · · Score: 1

      Leftist ideas are just as dumb as Rightist ideas. Both socialist and capitalist designs for International economic policies are vulnerable to corruption over time. Neither is "the right way" yet continuing to keep people separated into left and right designations allows politicians to keep us at each other's throats instead of developing new mechanisms around combining the strengths of each ideology to bolster the weaknesses of the other.

      Well, I say that, but then I see crowdsourced investment schemes popping up all over the place and realise that maybe some people are still trying in innovate with both Socialism and Capitalism in this inescapable hyper-capitalist vacuum we've made for ourselves.

    58. Re:Good riddance by StoneyMahoney · · Score: 1

      Oh yeah, you missed Congressman Charles Wilson, Texas 2nd Congressional District off the list of people who took down the Soviet Union. And about a quarter of a billion others as well.

    59. Re:Good riddance by Bartles · · Score: 2

      I'm pretty sure 8% growth in GDP benefits everyone. It would be kind of nice if we had that today.

    60. Re:Good riddance by acoustix · · Score: 1

      No - only people with savings they can afford to risk can invest.

      That's bullshit. All non-union private sector jobs have retirement accounts based on personal investment.

      --
      "A plan fiendishly clever in its intricacies"- Homer Simpson
    61. Re:Good riddance by bfandreas · · Score: 1

      We do have the benefit of hindsight but a lot of the effects her policies had had been predicted.

      The social divide did indeed increase. But in all honesty stuck between miners, British Leyland and debt was not a comfy place to be.
      I still maintain that she was the devil incarnate. But I will grant you her intentions were good. She could have gone about it a little bit subtler and not obliterate the unions and sell everything off to whoever showed up first with a lot of cash.
      We could be silly buggers and dig her up and shoot her for treason. Which will with not the slightest bit of doubt be seriously considered in a The Guardian editorial within two months.
      Which is moronic. That might bring her back. A stake through the heart, that's what you do. If she hadn't sold it 40 years ago.

      --
      20 minutes into the future
    62. Re:Good riddance by bfandreas · · Score: 1

      I scream, you scream...
      Thatcher flavoured soft ice.

      --
      20 minutes into the future
    63. Re:Good riddance by Bartles · · Score: 1

      Who build, maintains, and operates that roller coaster? Who makes the stuff that gets used to build, maintain and operate that roller coaster? Who makes the stuff that makes the stuff...

      Does cable tv just spring from the ether? Doesn't it still require hard means of transmission, generation, and production? Think a little bit.

    64. Re:Good riddance by fustakrakich · · Score: 1, Troll

      I'm pretty sure 8% growth in GDP benefits everyone.

      To vastly different degrees, yes. And the people who got fucked simply don't exist.

      --
      “He’s not deformed, he’s just drunk!”
    65. Re:Good riddance by LynnwoodRooster · · Score: 1

      When was Ms. Thatcher the Prime Minister? Methinks you are attributing today's poor economy to a leader who stepped down 23 years ago...

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    66. Re:Good riddance by LynnwoodRooster · · Score: 1

      It is no longer possible to buy a sane british car (I don't count Jap assembly plants in the UK, because the clever designing is done elsewhere and those plants are just chimps banging things together).

      Here's a clue: that "clever designing" is called engineering. That process of "chimps banging things together" is called manufacturing... If the latter increased, then de-facto Thatcher increased manufacturing.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    67. Re:Good riddance by gallondr00nk · · Score: 3, Insightful

      The UK economy has grown massively since the 1980's, so apparently we're insourcing more than we're outsourcing.

      Economic growth, frankly, doesn't mean shit if the top 10% make all of the money. The 1980's was the start of the economic malaise we face today, where rising household debt ratios countered the stagnation in real wages and the steadily falling share of the wealth held by the bottom 50% of UK workers. This trend was started during the Thatcher years, and is at the point now where 10% of the households own about half of the wealth.

      Manufacturing was dead by the time she arrived, the unions did it to themselves. All she did was pull the plug to put them out of their misery.

      There are still whole cities that have never recovered from the death of manufacturing. Service sector jobs simply don't pay as well, and there aren't as many to go around. I say this a lot, but in an economy that relies primarily on consumerism this is bad fucking news in the long run.

      Still, most that responsibility lies on those in the post Thatcher years. Don't even get me started on the malicious and ignorant buffoons that currently run the country.

    68. Re:Good riddance by bill_mcgonigle · · Score: 1

      Oh, my. I'm now forced to be willing to overlook some of her questionable politics and exhault her as a hero. Gee, thanks a lot, TheLink.

      --
      My God, it's Full of Source!
      OUTSIDE_IP=$(dig +short my.ip @outsideip.net)
    69. Re:Good riddance by bill_mcgonigle · · Score: 1

      There are a dozen ways to enjoy frozen milk, sugar, and flavor. None of them are wrong.

      --
      My God, it's Full of Source!
      OUTSIDE_IP=$(dig +short my.ip @outsideip.net)
    70. Re:Good riddance by LynnwoodRooster · · Score: 1

      So, we could have started it in the mid 1970s when Britain was led by James Callaghan and the US by Jimmy Carter - both of whom were the political opposites of Maggie Thatcher and Ronald Reagan. Seems the Soviet leaders had experienced both sides - and whilst the USSR flourished under the former, it collapsed under the latter.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    71. Re:Good riddance by ahabswhale · · Score: 1

      No, I was looking at the stats on the measuringworth site.

      --
      Are agnostics skeptical of unicorns too?
    72. Re:Good riddance by Bartles · · Score: 2

      So what would you find preferable to 8% growth?

    73. Re:Good riddance by makomk · · Score: 4, Insightful

      That's bullshit. All non-union private sector jobs have retirement accounts based on personal investment.

      Their retirement accounts are based on investments, but the account holders have no control over how the fund votes using the shares bought with their money and a large chunk of the profits are siphoned off in the form of management fees. (Naturally, the managers don't share in the losses.) The net effect is that the capitalist class still get most of the benefits from everyone else's "investments".

    74. Re:Good riddance by redredtux · · Score: 1

      different definition in the UK

    75. Re:Good riddance by Anonymous Coward · · Score: 1

      What a load of bullshit. The majority of the third world doesn't have the ability to invest. Tens of millions of Americans living paycheck to paycheck are lucky to have a dollar left over at the end of the month after the bills are paid and usually are in debt--they don't have the ability to invest. The middle class has a 401k with a few grand to a few tens of thousand in it, and are struggling with mortgages, car payments, tuition payments, health care payments and are one misstep from financial ruin. There are however people with so much wealth that they don't have to work a day of their lives, just have an accountant manage their money and live off the profits. These people are a tiny but very real minority who wield enormous power. They are the investor class.

    76. Re:Good riddance by redredtux · · Score: 1

      and the SDP which near enough split the anti-thatcher vote

    77. Re:Good riddance by makomk · · Score: 1

      Bad management killed manufacturing. How much of that UK manufacturing is far-eastern firms opening up UK factories? I suspect quite a lot, which means that whatever Thatcher did is irrelevant - for the most part their attitudes to employees forestalled unionisation everywhere. Even in the US where the car industry is still heavily unionised, companies like Honda somehow manage not to have the union problems that GM and other American giants do.

    78. Re:Good riddance by SlippyToad · · Score: 2

      toether with Ronald Reagan and John Paul II she finished Soviet Union without going to war.

      Why is this garbage being modded "insightful?" The myth that Reagan had anything to do with ending the Cold War is just that -- a myth. The Soviet Union collapsed because of its internal failures, not because we "bankrupted" them. The very idea is silly as all fuck.Our reckless screwing around with our military across the globe caused a ton of suffering and misery, but it didn't materially change the balance of power and there's exactly zero credible data suggesting some kind of witty "master plan." Ditto for Thatcher's useless contribution.

      The bellicose conservatives of the 1980's mostly shone sunlight out of their asses, while they were busy selling off our very country out from under our feet. Fuck them. They were failures then, failures now, and a mistake we should never allow to be repeated.

      --
      One day I feel I'm ahead of the wheel / the next it's rolling over me / I can get back on / I can get back on
    79. Re:Good riddance by SlippyToad · · Score: 1

      I can't answer for anyone else, but my dislike of Thatcher has everything to with her economic policies within the United Kingdom and absolutely nothing to do with what happened to the Soviet Unio

      But see, if you criticize a conservative, they just change the fucking subject and like small children, behave as if nobody else is talking. So, of course a criticism like "Thatcher/Reagan fucked the working class in the keister" turns into "BUT THEY SAVED US FROM COMMUNISM!!!!"

      Because there's no actual answer, or excuse, for the damage these people did to our nations.

      --
      One day I feel I'm ahead of the wheel / the next it's rolling over me / I can get back on / I can get back on
    80. Re:Good riddance by Patch86 · · Score: 1

      While true, try to look closely at the graph you posted.

      In the "bad old days of the unions", manufacturing peaked at 86 on that chart (I can't read what exactly the scale is referring to). Thatcher came to power and the value promptly drops to 70. It takes Thatcher 8 of the 10 years she was in power to recover manufacturing to it's previous point (1988), and it collapses again before she leaves power back to 88- a whole 2 points higher than when she entered office! Wow! All subsequent growth (from the mid-80s point that it was at in both 1979 and 1991 to around 100 where you chart finishes) happened under people who were not her- John Major and Tony Blair.

      So according to your chart which you've posted, Thatcher set British manufacturing growth back by 10 years with her policies. Great legacy!

    81. Re:Good riddance by bfandreas · · Score: 2

      Wasn't the Soviet Union basically bankrupt for a couple of years? And wasn't Saint Ronno the one who ignored and suppressed reports that they couldn't keep up with the arms race no more so he had an excuse to buy more arms? Or was the report of them not being able to muster their military for a devastating war on Disneyland and Blackpool suppressed by another clown?
      The Soviet Union went poof by its own. It's too big a claim for Thatcher, Reagan and Pope John Paul George Ringo II.

      --
      20 minutes into the future
    82. Re:Good riddance by bfandreas · · Score: 2

      It took a Gorbachev to make sure that all that sabre rattling didn't end in a last Hurrah! for the Soviet Union.

      --
      20 minutes into the future
    83. Re:Good riddance by SolitaryMan · · Score: 4, Insightful

      Well, this is actually true.

      The problem is that "economy wellness" is defined in terms that have nothing to do with well being of 95% of population. They try to drive up totally meaningless numbers (DJIA, S&Ps anyone?). When defined like this, unions *are* driving economy down.

      This shit will continue, unless we convince government to shove GDP, DJIA, S&Ps and other shitty metrics up their collective ass and come up with something that actually makes sense for most people.

      --
      May Peace Prevail On Earth
    84. Re:Good riddance by Bartles · · Score: 1

      Seriously, what metrics should we use to gauge our economic standing? What should we pay attention to?

    85. Re:Good riddance by chiefmojorising · · Score: 1

      I call bullshit. If Soviet leadership were truly terrified by a few shaken ferrets we'd still have tsars.

    86. Re:Good riddance by SolitaryMan · · Score: 1

      So, we are modding a flamebait shit like this 'Insightful' nowadays?

      --
      May Peace Prevail On Earth
    87. Re:Good riddance by Oakey · · Score: 1

      Ah yes, the good old days of British telecom, where you were put on a waiting list of months to have a phone line installed and you could only pick one model of telephone in a choice of three colours.

      --
      "Dre don't get as high as me.... I'm Cheech and Chong" - Snoop Dogg
    88. Re:Good riddance by Pecisk · · Score: 1

      USSR collapsed because of incredibly wasteful war in Afghanistan. Talking about obsessions, those big saviors of Western brought down normally functional government with it and brought Afghanistan 30 years of war and fundie paradise.

      Commies have been stupid and incredibly blood thirsty in their actions of the past, but you have to take historical situation into account, beginning with Russian Civil War. Western societies has hard time to grasp what actually happened behind Iron Curtain and how society functioned there. While lot of bad things said about USSR was true, there were huge amount of propaganda, and for one to judge and evaluate things historically, especially last 30 years of regime, patience, cool head, facts and distancing from emotional plane is needed.

      There I don't agree that Reagan or Thatcher actually helped to bring down USSR. They played their role, of course, and their actions changed a lot. But was it good or worst? Both US and UK were very weary about braking down all system, due of possible collapse of society, etc. (another myth of the West).

      --
      user@ubuntubox:~$ stfu This server is going down for shutdown NOW!
    89. Re:Good riddance by nukenerd · · Score: 1

      Unusually these days for a politician she was originally a science graduate

      But she did science and technology no good - in fact she seemed to have it in for them. This has been psychologically explained along the lines that, having changed career she needed to justify having changed. Never having had time to rise in her first career, can you imagine her having to make the tea in the lab where she worked, and her later resentment of this time.

      Some of this showed through in her leadership style - trying to do the logical thing for the best long term results (at least in her analysis) rather than trying to win the popularity contest and appealing to the masses.

      Now you are joking. She played popularity like a violin maestro.

      in other cases it contributed to her downfall - e.g. the per-person 'poll tax' vs. a property-based tax for local services (such as rubbish/refuse collection) surely makes some logical sense to many slashdot readers? but unfortunately it made a larger number of people pay more tax than those unaffected / getting a a tax reduction so it was a political disaster.

      You are right there, she did misjudge it. I don't think it was to do with the numbers so much as the "enthusiasm". You can get people out to demonstrate against something (the Poll Tax) but not for it. The council rating system (and it successor Council Tax) are completely illogical, being based on the archaic assumption that the vast majority of people rented their house from a Lord of the Manor, so the Lord (owner) was taxed mainly according to the total number of rooms he had on the assumption that each would contain a tenant. But in fact the cost of the services a house requires depends mainly on the number of people (rubbish, water, social services, traffic).

      Of course, a lot of opposition stemmed from the fact that there are large numbers of people "off the grid", like in immigrant sweat shops, who were concerned that the Poll Tax would find them out.

    90. Re:Good riddance by Ferretman · · Score: 1

      I would tag YOU as "troll", were that in my power.

      Pathetic AMJ....simply pathetic.

      Ferret

      --
      Sic gorgiamus allos subjectatos nunc
    91. Re:Good riddance by Omestes · · Score: 1

      Indeed, it is arguable that the Capitalist system is just as flawed and unworkable in the long-term than the Communist system...

      I doubt it, capitalism is more basic in the end. Its just the exchange of goods for labor, goods, or currency. There was plenty of capitalism in communism. The "free market ideal" is probably going to fizzle in the long run though, to be replaced by a hybrid system of regulated markets with a small dash of socialism. This is already true in large swaths of the world.

      --
      A patriot must always be ready to defend his country against his government. -edward abbey
    92. Re:Good riddance by tnk1 · · Score: 1

      So did I and I call you bullshit. If anything, the sable rattling from US and UK have prolongued the cold war by scaring the Soviet leaders. Without them, something like perestroika could have started in mid seventies, maybe even earlier.

      Perestroika under... Brezhnev? Surely, sir, you jest.

      He may have been perfectly happy to not attack the West, but in no way, shape, or form was he going to restructure *anything*.

    93. Re:Good riddance by starworks5 · · Score: 1

      I'm not sure thats a good thing, because people use hayek to pin scientific credence to their philosophies, despite the fact that many of his ideas has been disproven.

      For example: the economic calculation problem.

      a distributed network is only more efficient than a centralized system under certain parameters, sort of reminiscent of how technology went from mainframes to PC's and now back to the cloud. Because information technology is now cheaper than what it used to be, a planned economy is actually more efficient than laissez faire, because a central planning has more foresight into resource planning, especially when a person considers externalities aren't really free.

    94. Re:Good riddance by Xest · · Score: 1

      That's right, the Falklands conflict lasted 3 whole elections and even backtracked in time before she was elected the first time.

      Wait no, the Falklands affected at most one election, and that's it.

      You can pretend it's something else all you want, but the fact is that most people were glad that the UK economy had gone from something that needed an IMF bailout, to something that was not just self sustaining, but one of the top 5 in the world.

    95. Re:Good riddance by gbjbaanb · · Score: 1

      Strange to see this comment on a techies' site because the "shift" you praise was away from technology, in which the UK had excelled since the industrial revolution, to "service" industries

      in many respects this is perfectly suited to techie's site - as we're nearly all now employed writing .net code for yet another financial service provider. :-)

      I guess the rest of the western world is in the same position - but at least we can sell each other financial "products", think of poor Greece and Spain, they couldn't even do that, past their exports of olives and erm, not sure what else, the whole western world is declining in favour of the Chinese and Korean industries... and even they are failing now no-one can afford to buy their junk! I suppose if you looked at the situation back then you would realise that the 3rd world would produce everything you did only much cheaper, so why would you even bother trying to support anything but the most specialised industries (which we still have).

      The railways were already screwed in the 60s, British Rail was a loss-making industry and they thought (probably wrongly) that privatising them would make the subsequent competing rail franchises be more efficient - after all, worked for the gas, electricty, etc industries. I think it was a privatisation too far and we should just scrap the rail entirely, trains have been replaced with cars and trucks anyway, but still - we've been giving our technology to the rest of the world for decades before she came along - you think we'd be quite good with computers given we invented them and almost all the early software practices, so the biggest computer companies would be British.. but strangely.. they're not.

      In short, none of your complaints have got anything to do with Thatcher and more to do with the gradual opening up of globalisation. Maybe we should have kept the iron curtain up!

    96. Re:Good riddance by Hognoxious · · Score: 1

      Yeah, everybody can invest... except that some people, in fact, the majority of people has no money to do so after they paid their living costs.

      That's entirely their own fault. If they were good people, Jebus would love them and they'd have the money.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    97. Re:Good riddance by Hognoxious · · Score: 1

      Wealth, on the other hand is largely measured in terms of disposable income. If every cent you make goes immediately out for necessities, you won't accumulate wealth.

      Fixed.

      Wealth is money; income is money gained per unit of time.

      To put it another way: wealth is to distance traveled as income is to speed.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    98. Re:Good riddance by davydagger · · Score: 3, Insightful

      and in europe, and in every post-feudalist/monarchist society.

      When they talk about class in Europe, they mean class via money.

      In fact it was Europeans who started this term, equating wealthy "capitalists" with with the previous generation of monarchs, and titled nobility. Its used far less in America, because the people at the time did not have royalty and nobility in the very close past.

      You can here alot about "Class Warfare" written by a very (in)famous(depending on your politics), German named Karl Marx, in "Das Kapital", and the "Communist Manefesto", the latter being written in 1848.

      Class mentioned in these books has nothing to do with titled nobolity or royalty, and nothing to do with America.

    99. Re:Good riddance by evilmidnightbomber77 · · Score: 1

      Yeah, 55% of people hate(d) her guts. Sorry.

    100. Re:Good riddance by LynnwoodRooster · · Score: 1

      USSR collapsed because of incredibly wasteful war in Afghanistan. Talking about obsessions, those big saviors of Western brought down normally functional government with it and brought Afghanistan 30 years of war and fundie paradise

      Interesting. During the Soviet occupation of Afghanistan, for every dollar the USSR spent, we spent 1 - our spending was about 12% of theirs, and we weren't even directly involved (Afghan costs were estimated to be $1 billion annually for the US, and $8 billion annually for the USSR; that is about 0.9% of the USSR GDP).

      It was a lot more than just the war that did the USSR in. Trying to keep pace with the economies of the West, trying to keep up with the military arms race with the US, and an ever-more-cynical populace brought it down. The first two were heavily influenced by Thatcher and Reagan; the latter by the Soviet system itself.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    101. Re:Good riddance by hairyfeet · · Score: 4, Insightful

      Oh please stop with the bullshit! I'm so fucking tired of the ring winger buttplugs trying to blame unions because "OMG the peasants won't work for a bowl of rice and a beating a day!" and then using them as an excuse to do what you were gonna do anyway because with a few bribes you can treat the third world as disposable people.

      Wanna know why the west is dying? Its simple FREE TRADE IS A LIE, its about as fair as putting your HS football team against the Denver Bronco and then just to make sure they don't score a single point bribing the refs. you go to these third world hellholes and the workers are practically drowning in fucking carcinogens, toxic waste just gets poured into the drain like something out of Victorian England, and if the workers get sick from all the poison they have been exposed to? Well fuck them yellow and brown people, a nigger by any other name right?

      When the whole thing collapses and it will, collapse is inevitable at this point, you and all the other job creators better damned well pull an Arnie and "get to the chopper!" as fast as you fucking can because the peasants WILL kill you, and personally? I won't shed a single tear. Its the greedy fucks at the top that have made nearly 20% of China's farmland so toxic its unfit for even animal consumption, killed millions with their toxic wastes, poisoned everything in their path and for what? So they can hoard a little more money, that's all. I'm sorry but capitalism, like communism and every other ism before it WILL die and when it does there is gonna be a lot of pricks dragged from their comfy beds and lined against the wall. And I'm sorry but honestly? The world will be a better place once they are gone, they are a cancer and need to be removed for the good of all.

      --
      ACs don't waste your time replying, your posts are never seen by me.
    102. Re:Good riddance by Kittenman · · Score: 1

      Oh yeah, you missed Congressman Charles Wilson, Texas 2nd Congressional District off the list of people who took down the Soviet Union. And about a quarter of a billion others as well.

      Lech Walesa must surely be in there ...

      --
      "The greatest lesson in life is to know that even fools are right sometimes" - Winston Churchill
    103. Re:Good riddance by Hognoxious · · Score: 1

      It is entirely possible to run a complete economy without any physical goods. Ask the tourism business.

      I guess they don't teach the difference between micro and macroeconomics at DeVry.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    104. Re:Good riddance by dunkelfalke · · Score: 1

      Not under Brezhnev, obviously. You forget why Brezhnev got to be the general secretary in the first place - by ousting Khrushchev. Exactly because Khrushchev was trying to restructure USSR and at the same time was a proponent of peaceful coexistence with the capitalist countries. Had he stayed in power... well, he was actually quite similar to Gorbachev.

      --
      "It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
    105. Re:Good riddance by Anonymous Coward · · Score: 1

      Either roman_mir had this sockpuppet lying dormant or he's guessed somebody's password.

    106. Re:Good riddance by davydagger · · Score: 1

      very much not true. It benefitted those on the top, and the expense of those on the bottom. The average salary has stayed the same and cost of living and inflation gone up.

    107. Re:Good riddance by dunkelfalke · · Score: 1

      Who said the collapse was a good thing? It brought a lot of suffering to a lot of people. A way more peaceful transformation was surely possible.

      Besides, it could only have started by the mid seventies if the preconditions were right 10-15 years earlier. Unfortunately, by then the damage was already done.

      --
      "It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
    108. Re:Good riddance by dunkelfalke · · Score: 1

      Well, in fact, the USSR was not a communist country by the very definition and even its rulers officially said so. Communism was a long-term goal.

      --
      "It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
    109. Re:Good riddance by fustakrakich · · Score: 1

      I measure mine by counting my own money, and my state of well being. Since I carry no debt, I am more than content. The economic standing of the state means nothing to me. The mods seem to disagree... Such is life...

      --
      “He’s not deformed, he’s just drunk!”
    110. Re:Good riddance by Marksolo · · Score: 1

      What a load of bullshit. The majority of the third world doesn't have the ability to invest. Tens of millions of Americans living paycheck to paycheck are lucky to have a dollar left over at the end of the month after the bills are paid and usually are in debt--they don't have the ability to invest. The middle class has a 401k with a few grand to a few tens of thousand in it, and are struggling with mortgages, car payments, tuition payments, health care payments and are one misstep from financial ruin. There are however people with so much wealth that they don't have to work a day of their lives, just have an accountant manage their money and live off the profits. These people are a tiny but very real minority who wield enormous power. They are the investor class.

      Your argument makes it seem like it is impossible for anyone other than the rich to generate wealth. Sometime in the past the people that are now rich had to start at the bottom and work their way to the top. You forget the element of choice, especially when it comes to dept. Type of education really effects dept load and wages, especially currently as too many people go to university and not enough to trade school. The market for people with a generic university degree is saturated and the cost of working towards one is high. The same thing applies with a salary vs. a wage; on a wage it is possible to work weekends, holidays, and long hours to improve cash flow. Another is where you live, when renting the landowner has to make money so rent is usually a losing proposition. Buying a house on the other hand, it is very easy to buy on that is too big. Sure saving the legal fees by buying a house that you will grow into is nice, however the savings on paying off the mortgage faster, lower property taxes, lower heating bills, etc. will usually outweigh the legal fees when buying a smaller house. Buying a brand new car vs. a good used car, Starbucks vs. a coffee maker, the list goes on. There are always alternatives, you just may not like them.

      I agree third world countries have it bad, until they stop having warlords, genocides, ... it is kind of hard to improve their standard of living.

    111. Re:Good riddance by NonSequor · · Score: 1

      There are many externalities where I can come up with plausible sounding assumptions that give it whatever value I want.

      I'm not sure you can get as far out ahead in resource planning as you might hope. Making decisions on this basis often requires making decisions that can't be made objectively and if you fail to anticipate a shift in which resource constraints are binding, the objective decisions you did make may not provide a useful advantage.

      That said, I tend to think that most functions can either be performed by the private or public sectors, but depending on the structure of the issues, one or the other may have an edge in efficiency. There are trade offs between improved efficiency through microspecialization (favors decentralization) and improved efficiency through fluidity of capacity (favors centralization). Efficiency isn't the only element, though. Individual determination, community determination, and national determination issues can also come into play.

      --
      My only political goal is to see to it that no political party achieves its goals.
    112. Re:Good riddance by Crosshair84 · · Score: 1

      And WWI was great for the defense industry, not so great for those sucking mustard gas...your point?

      Translation: Someone called you on your economic ignorance and your only option is to change the subject.

      Your argument there is a red herring. If you're gonna live by that argument, you're also gonna die by it because I can do the same thing in regards to labor unions, just cite one of the many examples of Unions working to make it illegal to hire blacks in order to protect white workers.

      You continually yammer on and on about how the evil businessmen are exploiting the workers and not one peep about how it is the tens of thousands of pages of regulations that keep those large firms in place by making it impossible for small start-ups to compete. You look at businesses gaming the system and never once question the system itself.

      Sure, you've pointed to the fact that the government is blowing massive bubbles into the economy, but that's about all you have right. Your knowledge and understanding about the economic history of the 19th century is embarrassingly bad, reminiscent of what I remember from high school. Overly simplistic and presented from the point of view that the government can do no wrong. A great many other people stopped reading history and economics after the 10th grade too, but what makes me shake my head is that you are clearly a well read and intelligent person in the area of computers and technology. You're investigated one side of an issue and then the other and come to your conclusion. That's great. Yet it's as if your brain shifts into neutral when it comes to history or economics and you resort to some 10th grade textbook understanding of history and economics.

      I was always into non-fiction so I was always reading history books when I was young. With the advent of the internet, the ability to read alternate views became much easier. One could have one window open with one point of view of history and in another have the other sides attempt at a rebuttal. If one rebuttal was unconvincing, a little searching would turn up another. I went back and forth on several major issues over several years as I weighed the arguments and counter arguments. Some issues I have become totally convinced about, others are tentative, and others I recognize as imperfect, but the best practical option. The point I'm making here is that with the internet it is not that hard to investigate different views, provided you actually read the alternative views as written by those expounding them and not just a paraphrase by someone else, which can be quite a task at times.

      You've been repeatedly corrected by me and others and yet it makes no impact. You don't read up, you don't even get more sophisticated in your argumentation. It's the same stuff over and over again. I read your posts and wish someone else would respond, but I realize that they are thinking the same thing I am, "Why bother, he's not going to respond with anything new." Reminds me of a discussion on another forum with someone who was expounding the Venus Project's "Resource based economy". They were asked how their system solves the Economic Calculation Problem. Not only did they not understand the problem, they made no effort TO understand the problem despite repeated attempts to explain and clarify the problem. Eventually people just gave up and ignored that person when they posted about economics, though they did have insightful things to say on other topics.

      It's just frustrating because you're better than that.

    113. Re:Good riddance by ChrisMaple · · Score: 1

      Save money by not wasting it. You've already admitted to wasting money by buying insurance. Do you smoke? Use illegal drugs? Consume alcohol or junk food? Use a laundromat? Live alone when you could save money by sharing an apartment? Have a big screen TV, cell phone, expensive hifi, expensive clothes, eat at restaurants or buy unnecessarily costly food? If you're just barely making it and not wasting money, there's something badly wrong with how much money you're earning.

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    114. Re:Good riddance by ChrisMaple · · Score: 1

      Roughly half of all American households own stocks.
      Your claim of fixed class division is contrary to well documented fact.

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    115. Re:Good riddance by ChrisMaple · · Score: 1

      Wealth is measured by net worth; disposable income is quite transitory. I don't suddenly become poor if I lose money in a given year, provided that I have a bundle to fall back on.

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    116. Re:Good riddance by ChrisMaple · · Score: 1

      The middle class remains stagnant when the economy doesn't grow in real terms, which in turn happens when market conditions are so chaotic that companies can't plan for growth. Chaos happens when the government keeps introducing new regulations, threatens new taxes, and attacks its new enemy of the moment, as under Obama now.

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    117. Re:Good riddance by ChrisMaple · · Score: 1

      The west is having trouble because cowardly politicians won't stand up to destructive fucks like you.

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    118. Re:Good riddance by ChrisMaple · · Score: 1

      North Sea Oil revenues which were nothing to do with government policy

      The British Navy was used to ensure that England's claims to North Sea oil overwhelmed Norway's claims. If that's not government policy, nothing is.

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    119. Re:Good riddance by ChrisMaple · · Score: 1

      Try to take shelter inside your memory of a roller coaster ride. The widget -- durable goods -- leaves the purchaser with something physical. Someone has to manufacture, a world economy cannot exist without it. The world economy can do just fine without tourism or HBO.

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    120. Re:Good riddance by ChrisMaple · · Score: 1

      There are a dozen ways to enjoy frozen milk, sugar, and flavor. None of them are wrong.

      I wish you had been around the night I spent puking Carvel's spoiled product.

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    121. Re:Good riddance by Xest · · Score: 1

      Even using that logic she's still the most popular leader in many many decades - Tony Blair's Labour by 2005 had dropped to only 35.2% so no one else can claim such high support for so many elections.

    122. Re:Good riddance by Xest · · Score: 1

      "And WWI was great for the defense industry, not so great for those sucking mustard gas...your point?"

      My point? Your point? What the fuck are you on about. What has WWI mustard gas got to do with Thatcher?

      It seems you're trying to play devil's advocate for the mere sake of playing devils advocate but the problem is you're simply highlighting your lack of knowledge on the topic.

      Unproductive work was precisely the problem Thatcher dealt with, that's kind of the whole point - the miners weren't able to keep their industry profitable and so would've required a state subsidy to keep going, it's meaningless keeping a job going if it's a net burden on the state, if it's cheaper to let the industry fail and pay unemployment you might as well do that even.

      Unemployment increased under Thatcher but the economy grew, that suggests that whilst she got rid of failing industries, which increased unemployment, the jobs that were there, and that were created were massively more productive - they had to be else the economy couldn't have grown.

      Your second paragraph is mostly just populist tosh, you can only be misled by figures if you let yourself be misled by figures. I studied for a second degree in my spare time in Statistics precisely because I did want a better understanding of when studies and political statements are a load of bollocks. The figures I looked at are from the UK's Office of National Statistics, an independent organisation that allows access to raw data without interpretation, in fact, it's boss even told the Prime Minister off the other week for claiming the statistics they provide say something that they do not.

      If all you listen to are hacks then of course you can't trust the rubbish they spew - but this is precisely the problem I was getting at, most of the vitriol against Thatcher is just subjective complaint, very little of it is based on the actual facts and figures that underlay her period as PM.

      I'm not a complete fan of her, I really hate euroskeptics because their complaints seem to almost entirely be born out of xenophobia and racism and rarely do they provide a rational and honest reason why Europe is bad for the UK, similarly I she's the reason the UK press became dominated by Murdoch and other right, borderline far-right media outlets like The Daily Mail. But I'm one for facts and honesty, I think just because someone has done bad, doesn't mean we should rewrite history and pretend they never did anything good either - I think the revisionism that most of Thatcher's detractors wish to carry out by pretending her achievements weren't hers is an affront to reason and rationality and is as bad as any right wing Daily Mail/Murdoch FUD piece.

      Yes she destroyed communities that were dependent on state subsidy, yes she was a xenophobe, and yes she allowed people like Murdoch to gain too much press influence, but she also took us from being a failed state like Greece to being an economic powerhouse like Germany. She was important in enabling the UK to become a great place for IT workers to thrive and was way ahead of her time in this respect - for example she wanted nationwide fibre rolled out in the frickin' 80s, and had a minister for IT as early as 1981, something we've never seen since, see here for further information:

      http://www.ukauthority.com/tabid/64/Default.aspx?id=4092

      I know her policy of BBCs in schools certainly helped me with an early interest in computers at least.

      Governments since have been successively anti-IT with bills such as RIPA, The Digital Economy Act, and the various attempts at digital content surveillance systems and so on so from an IT perspective we've not had anyone as good for us as her since, and there's no one on the horizon either.

    123. Re:Good riddance by Xest · · Score: 4, Interesting

      "There are still whole cities that have never recovered from the death of manufacturing. Service sector jobs simply don't pay as well, and there aren't as many to go around."

      You know the services sector includes things like Finance, IT, engineering, health, education, media right? I don't think factory workers and miners do get paid better than IT workers, financiers, doctors, engineers, teachers, and journalists somehow. Service sector jobs pay the most of any.

      I know the towns that were the centre of anti-Thatcher protests very well having previously lived in such areas and still having many friends there and I can assure you ability to recover has little to do with anything Thatcher did and is entirely about the social attitudes of people who live in these places. Many of the old mining towns in West and South Yorkshire, such as Hemsworth, Fitzwilliam, Grimethorpe, Goldthorpe and Shafton have had millions poured into them, by way of investment including shiny new doctors surgeries, dentists, learning centres offering free training, local railway stations that link them to the UK's 3rd and 4th largest cities (Leeds and Sheffield) such that all those cities in South/West Yorkshire have a train station, or are at worst, a 10minute bus/car journey from one, and then only take 30mins at most to the above mentioned major cities.

      But the state of each couldn't be more different, take two neighbouring villages, Shafton and Grimethorpe, only a few minute drive from each other, but the other side of Grimethorpe to Shafton you have a number of large employers with warehouses - companies such as ASOS, the major online clothes retailer for example. Grimethorpe has the advantage of being slightly closer to the employers than Shafton and Grimethorpe also has had more money poured into it (it has a medium sized ASDA, it has a massive brand new doctors clinic, it had a brand new learning centre that for the last decade has offered IT training- CCNAs and so forth), it has more new affordable housing developments, and yet despite these two neighbouring villages having come from the same background Grimethorpe is an absolute shit hole, full of criminal chavs with arsonist children, whilst Shafton has really picked itself up and whilst it has some way to go the place is much better looked after, people have gone to the far side of Grimethorpe and taken all the job opportunities that have come up.

      So here's the thing, I know it's easy for them to keep blaming Thatcher and so forth and yes there's no doubt she was the nail in the coffin that triggered these villages problems from the start, but that was over 30 years ago now, and to say their problems are still all her fault is ridiculous when you compare different cases. Grimethorpe has had more money and more opportunities thrown at it than Shafton as it became obvious it wasn't improving like Shafton and other towns were but it's still not going anywhere.

      The problem hasn't been Thatcher for a long time, when you have so many of these villages that have been all treated equally but where some have become quite nice, and quite modern, whilst others are still complete shit holes the only thing you can sensibly blame is the people that live in them. It's pretty clear that people in towns like Hemsworth and Shafton were keen to work, keen to pick themselves up and get on after the pits were closed, it's also clear that people in places like Grimethorpe and Goldthorpe had an entitlement attitude - they felt they were entitled to a job in the mines for life even when that became unprofitable, and they still to this day feel they're entitled to do what they want and have everyone else pay for it. The problem isn't Thatcher now, the problem hasn't been Thatcher for about 20 years, the problem is lazy people, who want a free ride in life. It really is night and day between the villages that have taken the effort to pick themselves up, and the ones that haven't.

      FWIW I'm with you on the current muppets in government :)

    124. Re:Good riddance by Xest · · Score: 1

      "Strange to see this comment on a techies' site because the "shift" you praise was away from technology, in which the UK had excelled since the industrial revolution, to "service" industries."

      This makes absolutely no sense whatsoever, what's strange on a techy site is that you got modded up given this fact.

      You know that the service industries include pretty much all the technology industries like IT, engineering, robotics, medical research, media, communications, etc. right? The idea that a move to services is a move away from technology is inconsistent, it makes absolutely no sense, the two things are in complete conflict given that the service sector includes the technology industries.

      "Mrs T came from a tech background herself, but having changed careers she had it in for it"

      Which is why of course she created a Minister for Information Technology in 1981 and made 1982 the year of IT, whilst also providing funding for computers in schools and the NHS in the early 80s, she supported all this because she had it in for technology. Right.

      "This was before the internet allowed many service industries (apart from the most crappy things like washing up) to be outsourced"

      Only the low paying ones like call centres, and even that's been unsuccessful given that most companies have moved their call centres back now. Certainly outsourcing of software development in the UK is dead in the water, I'm not even aware of any companies still doing it since that turned out also to be a complete failure.

      "My own industry - railway engineering - was decimated by Mrs T"

      Have you considered that maybe this has completely distorted your view on her, which would explain the irrationality in your comments that I described above such as your nonsensical suggestion that moving to services was a move away from technology and that she hated technology both of which couldn't be further from the truth?

      I agree with you and sympathise with you over her destruction of the railways for what it's worth, I think that was a travesty and that we're worse off for it.

      "It is a mystery to me what we live on now in the UK. Everyone I know is basically shifting paperwork around and is, metaphorically speaking, taking in each others' washing. The shit is starting to hit the fan now though."

      Many sites on the internet can tell you this, but to save you the trouble our economy is made up of things such as financial services, IT services, pharmaceutical research and manufacturing, high tech manufacturing (such as putting together jet engines), high tech design engineering (designing vehicles, equipment) and tourism. We don't manufacture simple things because this is a globalised world now and we can't compete with somewhere like China on price due to the fact we have minimum wages, pensions, decent healthcare and that sort of thing, hence why it makes sense that the manufacturing we do do is the stuff that requires our better educated workforce because it's more complex.

      No offence, but I don't think you're really well placed to be writing about her economic theories if you don't even have a grasp of what the service sector comprises, or what our economy consists of now. Nor do I think it's particularly healthy that you make absurd claims such as suggesting she hated technology when it's pretty well documented that she was actually way ahead of her time on this, particularly IT. She was the reason the current round of late 20 somethings and early 30 somethings grew up with BBCs and Acorns in school which allowed us to have such a healthy IT industry today.

    125. Re:Good riddance by Xest · · Score: 1

      "But she did science and technology no good - in fact she seemed to have it in for them. This has been psychologically explained along the lines that, having changed career she needed to justify having changed. Never having had time to rise in her first career, can you imagine her having to make the tea in the lab where she worked, and her later resentment of this time."

      Can you please stop parroting this lie given that it's demonstrably false by the fact she gave IT pride of place more so than any government before or since (she had a minister of IT for crying out loud), and that she moved our country from one of digging up rocks, hammering shit together, growing corn, and milking cows to one of services such as IT and scientific research?

      I replied to you in more detail already, but I think you really really need to rethink this point as it screams that you have no idea what you're on about. The UK being a world leader in medical research today for example is a direct product of Thatcher's policies.

      Hate her for all the other stuff fine, god only knows I hate her for giving birth to xenophobic euroscepticism, but at the very least please stop outright lying about this.

      One thing she absolutely wasn't is anti-technology, on the contrary it was her scientific background that made her feel that the way forward for the UK economy was to focus on science and technology and she pursued this to the detriment of manufacturing and mining (in reality, you need at least some balance).

    126. Re:Good riddance by Alex+Belits · · Score: 1

      My point, sir, is that if you don't think that has had a significant economic effect on the region, you don't think at all.

      And your point is wrong. What did have significant economic effect on the region, was "market economy" promoted by ex-USSR government after they seized the power. Dissolution of the Union had no economic causes and no direct economic consequences, it brought incompetent and malicious people to power, who orchestrated the looting of the economy, and now have the gall to blame USSR for the crisis they have created.

      --
      Contrary to the popular belief, there indeed is no God.
    127. Re:Good riddance by Alex+Belits · · Score: 1

      promoted by ex-USSR government

      Should be "post-USSR governments", to be more clear. They all were former governments of USSR members, but they did not develop or implement their own economic policy while they were still in the Union.

      --
      Contrary to the popular belief, there indeed is no God.
    128. Re:Good riddance by hairyfeet · · Score: 1

      Crosshair, dude, lay off the beer before you post, seriously as YOU MISSED THE ENTIRE POINT of the fucking post!

      I do NOT give a rat's ass about the iron broad or her policies all I was doing was highlighting how stats are bullshit without details and THAT IS IT, okay? THAT IS ALL. I honestly do not care enough about the fricking UK to bother even looking up whether her policies worked or not as I REALLY do not care, i really don't. I DO care however on the fact that anybody can pull a metric out of their ass and without details can say any damned thing they want. Like I said if you just go by Walmart's payroll size you'd think they were a fucking blessing upon the economy but when you look closer and see how much government assistance it requires to keep a Walmart employee from sleeping on a grate behind the store? Then they are a BLIGHT NOT A BLESSING and the ONLY thing that has changed is you have gathered more information, THAT IS ALL.

      So please do NOT tell me you are arguing that fucking ignorance is bliss because then I'll have to throw your words right back at you, you are better than that. Was the iron broad better or worse? Fuck if I know, i don't care, I really don't. I was simply pointing out pulling a single vague metric out of your ass can make her a hero or a villain and tells us exactly fuck all about what was really going on. hell pick the right metric, like how much the top 5% made in the past 5 years? you would NEVER know there was a slump, the data would show its all blue skies and puppies, but that is just cherry picking which was the fucking point, vague metrics without context are just fucking useless.

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    129. Re:Good riddance by progician · · Score: 1

      As if the world consists only of the USA. To my knowledge, manufacturing work is mostly done outside of the USA anyway and most of those people have no stocks, no pension. Just saying, classes aren't defined within a nation.

      Also, classes aren't about classifying actual citizens. Classes represent different stakes in society, and that of the capitalist is to getting the most work out of the same amount of money, while the worker's is to get the best money for the same amount of work. Small stocks, and pension saving models blurred the personal class differences, in certain part of the world, that is, the minority of the Planet still, but there was no massive transfer of ownership of the production system to a more distributed model. People with very little stock have no recognizable profit to their wage-income, and have no control over the production either.

    130. Re:Good riddance by progician · · Score: 1

      The tragedy is, that the dominant political ideology embraces something similar argument. Sometimes with Jesus, sometimes with some pseudo-darwinist madness.

    131. Re:Good riddance by progician · · Score: 1

      Yeah, sure. Everybody can starve their family for making an investment on minimum wage. You're just being plain ridiculous.

      " all are free to succeed and fail on their merits"

      Oh yeah. There's that of course. Because the community provides everybody with the same education, same financial stability up until they grow up. But this is just one aspect. The other one is, that wealth is produced by the collective work of people. But as long as you're working for wage, you are not sharing this new wealth, the wealth is collected by the owner of the business. Thus for those, who collect this new wealth, the opportunity to collect more newly created wealth grows. Mathematically that means that the rest of the people are cut off from this new wealth. It's a zero-sum game that is rigged toward the owners of the capital.

    132. Re:Good riddance by progician · · Score: 1

      "Even though the capitalist class may own a large part of the economy, they are in practice rather powerless, since all their influence is ultimately bounded by the law, which in general tends to favour the short-term interests of people that do not invest significant amounts of money quite strongly..."

      This part is so wrong on many account, that I have hard time to even choose where should I start.

      Ahan. So let's be naive. They only have power in the production, they can lobby, fund politicians, these poor powerless people. But let's be less naive. They can afford bribery, they can bully governments to do what is only in the interest of them. In some countries, they go as far as hire entire gun squads to enforce their ideas. Law only restrict those who can't invest in the law. Anti-union legislation aims exactly to diminish everybody else's lobby power, because hey... it can only be the game of the bosses.

      Democracy you say? Where's my equal say on the matters? I'm only asked on which corporate puppet will get a vote in the parliament, or whatever. After that, they do whatever pleases them and mostly it is their pocket. And who can stuff those pockets? Guess what, who can invest in politics.

      Short-sightedness my arse. Democracy is when we can have a collective planning over what, how, and for what end are we producing. Money doesn't equal with merit. It's just money, the counter value of human labour.

    133. Re:Good riddance by DrXym · · Score: 1
      No, curse those lousy unions who held the country to ransom, who beat up any body crossing their picket line, who called sympathy strikes for disputes that had nothing to do with them, who announced strikes without bothering to ballot members, who operated closed shops, who deliberately undermined two democratically elected governments in succession and attempted to do the same to a third, and who caused the country to suffer through two miserable economic crises in the space of 5 years.

      The conservatives passed quite reasonable restrictions on what they could do namely, requiring them to call a ballot before strike, requiring them to represent their workers not themselves, requiring them to ballot on closed shop practices, making them liable for financial losses for businesses they picketed who formed no part of the grievance.

      Basically the laws required unions to start representing their members rather than acting as an unelected, unbeholden political force which is what they were until then. Even most of the unions and the members accepted the laws. It was the likes of the NUM which didn't and look where it got them and their members.

    134. Re:Good riddance by mjwalshe · · Score: 1

      Its interesting that Will Hutton commented (on the word service news) on Thatcher that she wanted to spark a new industrial revolution and turn the Uk into a German style economy with loads of SME manufacturing companies payting good wages.

      What we got was a proliferation of dodgy barrow boy finance types in the city and the destruction of a lot of the UK's manufacturing base and the squandering of the north sea oil revenues.

      He commented that she had become depressed about how badly it had turned out.

    135. Re:Good riddance by mjwalshe · · Score: 1

      Interesting is in the UK Europe is held up as a better rail system than ours - obviously the grass is not always greener .

    136. Re:Good riddance by bfandreas · · Score: 1

      I've been to the UK. Believe me Mars has a better rail system than the UK.

      Anecdote time(although I may have posted this a couple of times):
      I went on a weekend trip from Derby to London because I had seen a newspaper ad for an exhibition "Blake - Under Construction". Sweet, I thought. An exhibit on his creative prcess. Went there and found that they had shut down the whole wing becaus ethey were redecorating as they had announced in the bloody newspaper. That was my fault.
      What wasn't my fault was that on Sunday my train that should've taken me back didn't arrive. No notification, nothing.

      The next day I heard on the radio what had happened. A slightly annoyed radio spokescritter talked to a representative of the train company. It turns out the train didn drive because there was nobody there to drive it. They weren't on strike or anything. It's simply that nobody could be arsed to drive the train on a Sunday and it seems like nobody took a second look at the duty rooster.

      OTOH in Switzerland I once got a PA announcement when the train was two minutes late. In two languages. I kid you not. In Germany a 5 minute delay is so common you do not even think about it but just stand there, waiting, with great discipline. These are great times to be a smoker because the Deutsche Bahn gave you a breather. So to speak.

      And we wonder why Jeremy Clarkson's head went poof when he heard about how well the trains ran in Japan.

      --
      20 minutes into the future
    137. Re:Good riddance by bfandreas · · Score: 1

      In the bad old Mehdorn times going public was the main goal. And that was when they ran the infrastructure to the ground. I should have said state held. That was a mistake on my side.

      --
      20 minutes into the future
    138. Re:Good riddance by rmdashrf · · Score: 1

      Bullshit. If you just make enough money to pay your rent and groceries every month, there's nothing left to invest. Typical response by someone who has never been in as situation like that.

      --
      Nihil in publicum sputa.
    139. Re:Good riddance by rmdashrf · · Score: 1

      Apart from that, the capitalist class is actively making it hard for people not in that group to become part of that group. It's getting harder each year for 'normal people' to reach the tipping point of where one can use money to generate more money. The gap between 'haves' and 'have nots' is actively being made wider by the 'haves'.

      --
      Nihil in publicum sputa.
    140. Re:Good riddance by rmdashrf · · Score: 1

      Yes, she definitely had the balls to call Pinochet a close friend and Nelson Mandela a terrorist and the balls to help out Pol Pot with british troops (possibly because they were somewhat inefficient in whittling down their own population). Great leader, Mrs Thatcher. On that note Genghis Khan was a great leader as well.

      --
      Nihil in publicum sputa.
    141. Re:Good riddance by AK+Marc · · Score: 1

      Insurance isn't a waste. I trade money for a guarantee of money in other circumstances. People are risk-averse, and insurance is an appropriate purchase for most, based on subjective "value".

    142. Re:Good riddance by AK+Marc · · Score: 1

      Less than 20% own "stocks". Roughly 50% own "stock" directly or have some manner of ownership in a mutual fund (usually through a retirement plan).

    143. Re:Good riddance by DrXym · · Score: 1
      She called Pinochet a great friend because Chile provided vital intelligence (early warning of attacks for example), military assistance and even a haven for special forces during the Falklands War. So she made a friend of one military junta in order to defeat another military junta (which subsequently collapsed). Britain won, Chile won. It might be unpalatable but that's politics for you.

      Nelson Mandela *was* a terrorist - go look up Umkhonto we Sizwe. Now it may be his incarceration was unjust, the evidence shaky, the regime brutal and oppressive. It may be with 50 years of hindsight, rehabilitation, forgiveness and reform that people have forgotten this, but his group were engaged in a campaign of bombings, murder and torture. Even the US recognized his group as a terrorism organisation. Second, Thatcher's role in apartheid is controversial. It's not hard to find people who say she hastened the end by assisting de Clerk to dismantle it, others who say she hindered it by providing support for the regime. I expect Great Britain's concern was that if apartheid collapsed that the country would fall to a predominantly communist (and soviet funded) ANC and turn into another shithole African state. Again, that's politics for you.

      As for Pol Pot, I shouldn't have to point out that Cambodia, Vietnam, Laos were all in turmoil at the time and there was this little thing called the Cold War. It should be no surprise to anybody that Western powers were assisting any group which had the potential to disrupt the communist activities in other countries. If bunging a few weapons at Pol Pot could put some pressure to keep Cambodia in check and stop insurgency spreading to Thailand then so be it. And likewise communist powers were supporting the ANC, the IRA etc. for similar reasons. Each saw the other's terrorists / freedom fighters as a way to disrupt the other.

      Thatcher might have been more forthright and public in her views but it's completely naive to pretend that other powers weren't engaged in activities which were just as bad. In an ideal world where morals are black and white with no shades of grey, perhaps we wouldn't need to debate this point. But the world isn't like that.

    144. Re:Good riddance by doghouse41 · · Score: 1

      You're contradicting yourself:

      On the one hand you are saying that the only thing that counts is actually making stuff, and if something was designed in the UK and made elsewhere this does not count (e.g. Dyson)

      On the other hand you say "I don't count Jap assembly plants in the UK, because the clever designing is done elsewhere and those plants are just chimps banging things together"

      You can't have it both ways!
      We live in a globalised economy, get used to it! Or move to North Korea if you don't like it.

    145. Re:Good riddance by AK+Marc · · Score: 1

      I was always into non-fiction so I was always reading history books when I was young. With the advent of the internet, the ability to read alternate views became much easier. One could have one window open with one point of view of history and in another have the other sides attempt at a rebuttal. If one rebuttal was unconvincing, a little searching would turn up another. I went back and forth on several major issues over several years as I weighed the arguments and counter arguments. Some issues I have become totally convinced about, others are tentative, and others I recognize as imperfect, but the best practical option. The point I'm making here is that with the internet it is not that hard to investigate different views, provided you actually read the alternative views as written by those expounding them and not just a paraphrase by someone else, which can be quite a task at times.

      The harder questions are usually about whether they made the best decision, or only the best decision they could with the information they had available. The real trick is to use history to predict when you don't have all the information available, and use factors you don't know about to make a better decision than the best decision you can make with the facts available.

    146. Re:Good riddance by Alex+Belits · · Score: 1

      Go, ask someone currently in any of those countries, or find archives of their newspapers from that time. I am sure, even the most tinfoil hat wearing American patriots would consider that a valid source to find out how those countries were called by locals.

      --
      Contrary to the popular belief, there indeed is no God.
    147. Re:Good riddance by LordVader717 · · Score: 1

      Because Roller Coaster rides don't buy jack shit on the world market. So you probably need a lot of people making money making something else in order to have a viable customer base. Unless of course you attract a lot of foreign visitors from outside the UK, aka inbound tourism. These jobs tend to be low-pay BTW. But the UK also has a tourism-based deficit. You can't compensate for a deficit with more deficit.

      Economies are still very much manufacturing-based, which makes the disappearance of important export industries hard to bear.

  2. GO! by Anonymous Coward · · Score: 1

    Let the bipolar love / vitriol begin!

  3. Long ago by tsa · · Score: 5, Insightful

    She reigned long ago but I think Britain is still not over her.

    --

    -- Cheers!

  4. Fundraiser by David+Gerard · · Score: 5, Funny

    The Conservative Party could fund itself forever by installing a pay toilet on her grave.

    --
    http://rocknerd.co.uk
    1. Re:Fundraiser by rasherbuyer · · Score: 1

      Add a dancefloor too

  5. the BBC at least... by johnjones · · Score: 5, Informative

    at least the BBC have :

    In quotes: Margaret Thatcher

    Obituary: Margaret Thatcher

    Video obituary

    whatever the politics at least link to the BBC...

    John Jones

  6. Awesome prime minister by Anonymous Coward · · Score: 5, Funny

    As a German who grew up in Britain in the 80s, I'd like to say she was an awesome prime minister, although many of my countrymen and indeed many Brits will disagree. Sod them.
    Germany would benefit *hugely* from someone like her. Sadly, there's absolutely no-one on the horizon.
    It doesn't matter whether she goes to heaven or hell. She'll clear either place up.

    1. Re:Awesome prime minister by MrL0G1C · · Score: 3, Insightful

      whether she goes to heaven or hell. She'll

      ...
      Bitch would privatise both of them.

      --------------
      Polltax

      --
      Waterfox - a Firefox fork with legacy extension support, security updates and better privacy by default.
  7. Re:Good ridance by Anonymous Coward · · Score: 1

    Destroyed the UK's manufacturing base

    The unions did that to themselves in the 70's. Look at BMC: they spent nearly as much time out on (largely wildcat) strikes than they did working.

    started a futile war

    Argentina started it. She, correctly, responded.

    did nothing to promote women

    The first female Prime Minister of the UK did nothing to promote women?

  8. Re: A sad day by MickyTheIdiot · · Score: 1, Interesting

    In other words she ushered in the era of zero accountability for the rich and corporations.

    Sounds like she is partial author of the current turmoil.

  9. Ding dong ... by Anonymous Coward · · Score: 2, Insightful

    ... the witch is dead!

    Here richly, with ridiculous display,
            The Politician's corpse was laid away.
            While all of his acquaintance sneered and slanged,
            I wept: for I had longed to see him hanged.

    - Hillaire Belloc (1870-1953)

    And of course, despite the damage she caused both the UK and the world at large, she will be given a state funeral. A funeral where protest and dissent will be not permitted. Where the militarised police (and possibly even the military, c.f. the recent Oxbridge Boat Race) will be used to keep all those who despise the policies she stood for elsewhere.

    And of course, despite the damage she caused both the UK and the world at large, the Labour Party hacks will be out in force with nary a bad word to be said. (That's 'cause "New" Labour is just another party of capitalism, no longer socialism, if it ever was.)

    1. Re:Ding dong ... by CrazyBusError · · Score: 2

      And of course, despite the damage she caused both the UK and the world at large, she will be given a state funeral...

      You might want to try checking your facts before posting. Here's a hint: No she won't.

      And of course, despite the damage she caused both the UK and the world at large, the Labour Party hacks will be out in force with nary a bad word to be said. (That's 'cause "New" Labour is just another party of capitalism, no longer socialism, if it ever was.)

      She did some damage, she did some good (generally speaking, the ones who claim nothing beyond the damage are those who didn't suffer the three day working week and its ilk). Such is the way of politicians. She made some tough decision that had to be made, she made some bloody awful decisions that we are still feeling the repercussions of today.

      In the end, she made a large impact on world politics exactly when a large impact was required. Hindsight is a wonderful thing, but I'm not sure what the world stage would be like now if we'd had one of the current spineless idiots in charge in the latter days of the cold war.

      --
      -Never argue with an idiot. They drag you down to their level, then beat you with experience-
    2. Re:Ding dong ... by Goose+In+Orbit · · Score: 1, Informative

      You might want to try checking your facts before posting. Here's a hint: No she won't

      Wrong!!!

      http://www.dailymail.co.uk/news/article-1034634/Lady-Thatcher-honoured-State-funeral.html

    3. Re:Ding dong ... by Goose+In+Orbit · · Score: 1

      Note to self - check the age of stories before linking...

    4. Re:Ding dong ... by Goose+In+Orbit · · Score: 2

      ITV reports “Lady Thatcher’s funeral will be ceremonial with full military honours, similar to the Queen Mother, but she will not lie in state, as was her wish.”

      So not a state funeral - but not far off...

    5. Re:Ding dong ... by EdZ · · Score: 4, Informative

      The Daily Mail. The Daily Mail.

      For those outside the UK, the Daily Mail (along with other tabloids, e.g. The Sun) are about as accurate a news source as Fox News.

    6. Re:Ding dong ... by Goose+In+Orbit · · Score: 1

      Seconded on the Mail definition...

      There's no date on the story I linked to (other than the top of the page) - but it mentions Gordon Brown as being in discussions on the matter, so must be pre-2010.

    7. Re:Ding dong ... by Anonymous Coward · · Score: 5, Insightful

      A funeral where protest and dissent will be not permitted.

      Westboro Baptist does it, and they're disgusting, unfeeling monsters who should be eradicated from the face of the earth.

      But a bunch of comfortably upper-middle-class white kids act like entitled cunts at someone's funeral, and they're heroes?

      Fuck your double standard. I'm not a huge fan of Thatcher, and never have been, but I *am* a fan of behaving like a gentleman. And that includes not shitting on the grief of family and friends who've lost a loved one. Go protest at Parliament, you thick cunt - they're the ones making the laws now.

    8. Re:Ding dong ... by khallow · · Score: 1

      So not a state funeral - but not far off...

      Of course, it's still a funeral. And I don't think you get the distinction. From Wikipedia:

      The most recent state funeral for someone outside the royal family was that of Churchill in 1965.

      So it would have been the first state funeral for someone outside of the Royal family in almost 50 years. The process is also more extensive. I gather they parade the body through London and put it on display for three days, then bury it. OTOH, I gather that a number of people get funerals with full military honors each year.

    9. Re:Ding dong ... by Captain+Hook · · Score: 1

      Westboro Baptist does it, and they're disgusting, unfeeling monsters who should be eradicated from the face of the earth.

      i don't think we're in kansas anymore toto

      --
      These comments are my personal opinions and do not necessarily reflect the opinions of the other voices in my head.
    10. Re:Ding dong ... by the+eric+conspiracy · · Score: 2

      Also be sure to add dailymail.co.uk to your hosts file i.e.

      dailymail.co.uk 127.0.0.1

    11. Re:Ding dong ... by GameboyRMH · · Score: 2

      That's a bit harsh on Fox News.

      --
      "When information is power, privacy is freedom" - Jah-Wren Ryel
    12. Re:Ding dong ... by Goose+In+Orbit · · Score: 1

      So not a state funeral - but not far off...

      And I don't think you get the distinction

      I get the distinction - Obviously a new definition of "not" of which I was previously unaware...

    13. Re:Ding dong ... by Anonymous Coward · · Score: 1

      Westboro Baptist protests blindly, making attacks based on a bigoted view of homosexuality, and ascribing the deaths of enlisted military personnel to a tolerance of it.

      Whereas these theoretical protesters at Margaret Thatcher's funeral are no doubt economics and history PhDs, quietly discussing the pros and cons of free market capitalism and progressive tax systems - not just a bunch of entitled upper middle class kids with too much time, hoping to make a video that gets them on Tosh.0, huh?

      I've seen G20 protesters in action in person - not a lot of discussion of economic theories and politics, I'm sorry to say. Mostly just a bunch of sniveling cunts following along behind a couple "true believer" anarchists who love to harness a mob's anger to smash up a few McDonald's windows.

      Somebody protesting Margaret Thatcher for her own actions? Even if you disagreed with their conclusions and opinions, you should be able to recognize the substantially different circumstances.

      By all means, if you can invent a fucking time machine, feel free to go back in time to the point where Thatcher was in office as PM, and picket the shit out of 10 Downing. I might even join you for some of it. But don't you dare pretend that "picketing someone's funeral" has anything to do with the issues you claim you're "protesting."

      Margaret Thatcher is dead. She is long out of office - it's been 23 years since she occupied Number Ten. Claiming you're protesting "her policies" is ludicrous and meaningless - the people implementing the policies you disagree with are sitting in Parliament and Number Ten today, right now. Go picket there.

      Especially since I suspect we'll see many people taking advantage of her death to praise what she did, and justify doing it again. Yet I don't expect to see you protesting that, even though I'd consider it impolite.

      On the contrary - I think it's entirely reasonable to discuss her legacy as a prominent ex-pol, and argue about what she was right about, and what she was wrong about. There is a MASSIVE difference between talking about the good points and bad points of her policies and time in office, and attending her funeral to shout, in effect, "hahaha ding dong the witch is dead, I'm so happy!" The first is the action of reasonable adults. The latter is the action of obnoxious cunts who deserve to be punched into paralysis.

      But I DO understand your point, which can be summed up nicely as: "I disagree with Westboro Baptist, and therefore no behavior of theirs is above reproach; I agree with the people who'd love to show up and shit all over Margaret Thatcher's funeral, and therefore no behavior of theirs is deserving of reproach."

      Again: fuck you and your double standards.

    14. Re:Ding dong ... by redredtux · · Score: 1

      also referred to as the Daily Fail/Heil

    15. Re:Ding dong ... by Patch86 · · Score: 1

      Westboro Baptist does it, and they're disgusting, unfeeling monsters who should be eradicated from the face of the earth.

      I *am* a fan of behaving like a gentleman.

      Go protest at Parliament, you thick cunt

      Sure sounds like it!

    16. Re:Ding dong ... by nukenerd · · Score: 2

      .And of course, despite the damage she caused both the UK and the world at large, she will be given a state funeral. A funeral where protest and dissent will be not permitted. Where the militarised police (and possibly even the military, c.f. the recent Oxbridge Boat Race) will be used to keep all those who despise the policies she stood for elsewhere.

      Agreeing with you every bit on the damage she caused, but you can go to Hell with the rest of that bit I quote. Whether or not it is a State funeral (I hope not), a funeral should be respected. And f#@k you for supporting the disruption of a non-political sporting event - that event and anything else legitimate should be protected with whatever is necessary.

    17. Re:Ding dong ... by MouseTheLuckyDog · · Score: 1

      So a teeny teeny bit more accurate then MSNBC, CNN, CBS, ABC, the Washington Post and the New York Times.

    18. Re:Ding dong ... by TheRaven64 · · Score: 1

      While I agree that protesting at any funeral is a bit rude, there is a big difference between protesting at a private ceremony intended for family and protesting at a public procession intended to portray the person as a positive social force.

      --
      I am TheRaven on Soylent News
  10. Re:i am eager to see by MickyTheIdiot · · Score: 1, Insightful

    be sad for the family.

    Don't be sad for Thatcher.

  11. GoodBye Maggie by AdmV0rl0n · · Score: 5, Insightful

    I was young when you arrived a PM. This country was on its knees. It was backrupt, dead people were in the streets unburied and weeks of garbage strewn the streets from leftism gone mad. Labour and the Unions were in full wrecking ball mode.

    Yes, you were a bitch, but the medicine we had, and it was not nice, was in the most part - needed.

    You played a part in ending the cold war, in hauling down the wall, and in supporting Solidarity in Poland when you'd normally prefer to drive a stake through any other union's heart.

    And you helped pull a wall down and break up the cold war.

    Rest in Peace.

    --
    We`re all equal .. Just some of us are less equal than others.
    1. Re:GoodBye Maggie by discord5 · · Score: 2

      You played a part in ending the cold war, in hauling down the wall

      And you helped pull a wall down and break up the cold war.

      She did it twice? She must've been very thorough.

    2. Re:GoodBye Maggie by CrazyBusError · · Score: 1

      You have no idea...

      --
      -Never argue with an idiot. They drag you down to their level, then beat you with experience-
    3. Re:GoodBye Maggie by Anonymous Coward · · Score: 1, Informative

      "garbage"?

      Sorry, US-based feeble troll, but if you were actually British you'd know that that which is thrown away, and collected weekly by trucks, is called "rubbish" (or formally "refuse").

      Now back under your bridge.

    4. Re:GoodBye Maggie by Anonymous Coward · · Score: 1, Insightful

      It was backrupt, dead people were in the streets unburied and weeks of garbage strewn the streets from leftism gone mad.

      [citations needed]

      Labour and the Unions were in full wrecking ball mode.

      What? Again, [citations needed]

    5. Re:GoodBye Maggie by jcupitt65 · · Score: 5, Informative

      I think it's a reference to the Winter of Discontent, which I'm old enough to remember well.

      This was a wave of strikes triggered by the government's cap on public sector wages in a period of high inflation. From the article above:

      The most notorious action during the winter was the unofficial strike by gravediggers, members of the GMWU in Liverpool and in Tameside near Manchester. As coffins piled up, Liverpool City Council hired a factory in Speke to store them. On 1 February a persistent journalist asked the Medical Officer of Health for Liverpool, Dr Duncan Dolton, what would be done if the strike continued for months, Dolton speculated that burial at sea would be considered. Although his response was hypothetical, in the circumstances it caused great alarm. The gravediggers eventually settled for a 14% rise after a fortnight's strike.

      (not a maggie fan, just providing some background)

    6. Re:GoodBye Maggie by H0p313ss · · Score: 1
      --
      XML is a known as a key material required to create SMD: Software of Mass Destruction
    7. Re:GoodBye Maggie by AmiMoJo · · Score: 1

      Things did need to change, but she was such an extreme lurch to the right which destroyed all our manufacturing base and created a selfish culture of debt and irresponsibility.

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    8. Re:GoodBye Maggie by khallow · · Score: 1

      Compared to what? As I see it, the mess of the 70s created those conditions. I find it interesting how the cure is blamed for the disease. I guess some things never change.

    9. Re:GoodBye Maggie by drinkypoo · · Score: 1

      Yes, you were a bitch, but the medicine we had, and it was not nice, was in the most part - needed.

      A voice cries out, "Save us from ourselves!" And P.M. Thatcher is on the case. But she's part of the same system that caused the corruption. Well, was.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    10. Re:GoodBye Maggie by jcupitt65 · · Score: 1

      Oh I agree, "Leftism gone mad" etc. is a very loaded and crude way to talk about the politics back then. I was responding to the [citation needed] in the dead-on-the-streets post.

    11. Re:GoodBye Maggie by ctid · · Score: 1

      dead people were in the streets

      No they weren't. The winter of discontent was bad, but there really was never any situation where dead people were left to lie around in the streets.

      --
      Reality is defined by the maddest person in the room
    12. Re:GoodBye Maggie by ninjagin · · Score: 1

      While not a Briton, I can offer that Greece's problem has as much (if not more) to do with their losing the ability to print their own money (by joining the common Euro currency) as it does with their own fiscal mismanagement and high levels of state support to people that don't work. It's both simplistic and easy to conflate the two, and should be avoided.

      --
      .. pa-ra-bo-la, pa-ra-bo-la, 2 pi R, 2 pi R, where's your latus rectum, where's your latus rectum, 2 pi R
    13. Re:GoodBye Maggie by houghi · · Score: 1

      Ending the cold war? Pulling down the wall?
      Just like me, she was alive when it happened. The ending of the cold war was not because of her. It was despite of her (and everybody else in Western politics.)
      She did not break down the wall. The people broke down the wall. The people of Eastern Europe broke down the wall.

      When the wall was still up, I spoke to a high officer in the German army and he told me what would happen if the wall fell. He talked about the cost. He talked about the initial happiness and the later resentment from the wessies towards the ossies. He told about how it would happen and he gave 3 differnent ways it would happen.

      One of those three was almost identical what happened. The others also included actions from the people.

      He was sure and certain that there would be no real involvement from the West, because they were too scared to take actions. And perhaps rightfully so. All this some years before the wall fell and I and others thought he was an idiot. Now I know he was just telling more then he was allowed to.

      The politicians where just, like everybody else in the west, asking to pull down the wall, but that is not the reason they did it. Even if nobody would have said anything in the west, they still would have broken down the wall to come and eat some banana's.

      The only thing that was not certain was when it would happen. The predictions the officer was talking about was some 15 years later.

      --
      Don't fight for your country, if your country does not fight for you.
  12. Tragic loss by Anonymous Coward · · Score: 5, Insightful

    She rescued Britain. UK was nearly bankrupt before her, a block of the unions were in charge. Three unions would all strike together and UK had electricity blackouts as a result, the Labour party then gave them pay rises (20%) and as each union got a huge raise, so another union would go on strike and demand more than the others. The debt became impossible and the IMF was called in. It was a disaster.

    She came along and made a law that said you couldn't strike without a vote from union members, and no more than 6 people could picket a factory and no secondary picketing.

    Arthur Scargill (mine workers) then held a strike without a vote, the mine workers had their funds seized, and strikers were sacked. It broke union control of the UK. UK still had unions, but the need to have a vote before a strike made them less militant. People wanting to work don't keep going on strike, but the union bosses get paid whether on strike or not, so they're far more militant than the union members.

    Likewise the rent-a-mob shut down of factories ended.

    After that closed shops were abolished (the rule that said to work at the company you had to be a member of union Z), and Britain really turned around. You no longer had to be a union member to work, you could vote for whether to strike, and blackouts and power cuts ended.

    She was so successful, that she because a sort of hate figure for the left. Ineffective leaders (like John Major) are easily dismissed, not so the good ones. She was hard, and luckily came along at a time when that was needed.

    Goodbye Mrs Thatcher.

    1. Re:Tragic loss by SkunkPussy · · Score: 5, Informative

      Ever since she shut down the unions, social inequality has shot through the roof. CEO's wages have increased dramatically more than the median wage. This is a direct result of breaking the back of the unions. No longer were employees empowered to demand a reasonable share of the profits of their endeavours.

      --
      SURELY NOT!!!!!
    2. Re:Tragic loss by nosfucious · · Score: 1

      So, which leader is going to shut down the thuggery of high priced and overpriced CEOs and Qango bosses? A well paid cartel, or union too, if you like.

      --
      Q:I was listening to a CD in Grip and it sounded horrible! What's up? A:Perhaps you are listening to country music
    3. Re:Tragic loss by Faluzeer · · Score: 1

      snip...

      And endeavour is spelled endeavor.

      Endeavour is the correct spelling for those of us from the United Kingdom.

    4. Re:Tragic loss by Xest · · Score: 5, Interesting

      I think you have a rose tinted view of what the unions were offering (or in fact, still achieve today in public sector). Public sector unions are still fairly strong, and as someone who has worked in public sector (for 6 years) and took the time to get involved with Unison, including striking with it, I can assure you that it's not as rosy as you think.

      Unions have this horrible habit of protecting their members no matter what, you may argue they have a duty to do so, but it ultimately means that no matter how in the wrong a member is they will waste an organisations time and money fighting them tooth and nail over something their member is guilty of that is completely indefensible (such as simply not turning up to work for 6 months but also refusing to get a doctor's note as evidence of some sickness - a real example witnessed first hand). Worse than this, these sorts of lazy people often then go and apply to be union stewards and so forth because they can't be bothered to do their own job and it's a good excuse to get out of it now and again. This means they get time out of their job to spend with the unions at the tax payer's expense, due to them having contact with union staff they often have a greater influence on policy and sometimes even get given jobs there meaning the unions are built up of the worst, the laziest, most inept members of society which results in a repeat of the cycle of them then going on to defend more lazy inept people. They don't care about the average Joe, they don't care about genuine injustice, it's a scam - it's all about minimising their personal responsibility in life.

      On another note I think you're misguided regarding inequality. One of the times I went on strike, related to pay the government pay offer was something like 3% for the lowest paid workers and 2% for the highest paid workers (i.e. public sector executives and service directors) at a time of around 5% inflation. The lowest paid would normally be the ones that went on strike, the execs would never go on strike, so anyway the low paid workers went on strike for 2 days, giving up 2 days wages for their belief that the pay offer was too low, the government came back with a new offer which the unions accepted immediately - 3% across the board.

      So there you have it, the low paid workers, the union lackeys give up their wages to go on strike so that the union negotiators can get an extra 1% pay rise for the high paid execs that gave up not a single day of wages for the effort.

      It took me some years to grow up and realise in hindsight what the unions were about, how they really worked, but eventually I did. The people at the top of unions are no different from people like Rupert Murdoch - they don't care about you or I, they don't care about the workers, about increase their wages, they want one thing and one thing only - they want power to influence policy their way. Dave Prentis, the current boss of Unison, do you know what he earns? almost as much as the prime minister, he earns £127,000 and he holds so much sway in the Labour party that he can potentially determine a prime minister - it was him as much as anyone who managed to get Ed rather than his infinitely more fair and competent brother Dave as leader of the opposition right now. You really think with his salary, with the power he wields, that it's really about you, the worker?

      Unions in the UK have long lost their way, they have little relevance to the mythical ideal people hold about them and one of my biggest regrets in life was ever believing the lies and funding such a corrupt organisation. They're as much an affront to classical union ideals such as those you mention as bankers are to corporate responsibility.

    5. Re:Tragic loss by drinkypoo · · Score: 3, Insightful

      It took me some years to grow up and realise in hindsight what the unions were about, how they really worked, but eventually I did. The people at the top of unions are no different from people like Rupert Murdoch - they don't care about you or I, they don't care about the workers, about increase their wages, they want one thing and one thing only - they want power to influence policy their way.

      Amen to that. Face any direction in the USA and you'll be able to see examples of unions causing harm. Education unions protect massive executive salaries and ensure that our children are being educated (and their educational resources maintained and implemented) by the laziest available employee. The bigger the school, the more egregious the abuse of public funding. Short-timers' syndrome has transitioned from periodic illness to full-blown epidemic. One IT worker I knew at a community college had a countdown clock to his retirement on his desktop and screen saver for over two years and I saw that clock at least as much as anything else while he was sitting there. I was hired while a student there to do the work of another on contract because he couldn't be arsed to read the documentation. He'd have been gone already (his retirement had come up) but he bought a second Harley so he decided to keep his job another year to pay for it. I almost said "keep working" but HAHAHAHA.

      The plural of anecdote is not data, but it doesn't take many stories like these before they add up to a whole lot of wasted dollars.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    6. Re:Tragic loss by StoneyMahoney · · Score: 1

      That's not quite true, the real sky-rocketing of inequality started in earnest around 1995. She may have laid the groundwork, but someone else did the dirty deeds on that one.

    7. Re:Tragic loss by StoneyMahoney · · Score: 1

      It could be said that most Socialist policies rely on the honesty of all those involved to work, as a billion examples of corruption under Communism will happily attest to. It could equally be said that most Capitalist policies rely on the self-preservation of the all those involved to work, as a billion examples of inequality under Capitalism will attest to just as happily. People are greedy and dishonest and no amount of tinkering will make either system viable to stand on it's own.

    8. Re:Tragic loss by bfandreas · · Score: 1

      If the Queen's English was good enough for Jesus then it should bloody well be good enough for everybody else!
      A language like a puzzle: Never pronounce all letters in a word and not neccessarily in the order given.

      And people wonder why Esperanto was invented.

      --
      20 minutes into the future
    9. Re:Tragic loss by redredtux · · Score: 1
      Oh dear oh dear

      She rescued Britain. UK was nearly bankrupt before her, a block of the unions were in charge. Three unions would all strike together and UK had electricity blackouts as a result, the Labour party then gave them pay rises (20%) and as each union got a huge raise, so another union would go on strike and demand more than the others. The debt became impossible and the IMF was called in. It was a disaster.

      Tripe,br /> Destroyed more like, especially skilled and semi-skilled engineering work
      You realise that the Winter of Discontent was caused by the Govt trying to impose a 5% cap whilst inflation was substantially higher

      She came along and made a law that said you couldn't strike without a vote from union members, and no more than 6 people could picket a factory and no secondary picketing.

      Arthur Scargill (mine workers) then held a strike without a vote,

      Wrong - the NUM did not have a NATIONAL ballot - which it couldn't as it was a federal union

      the mine workers had their funds seized, and strikers were sacked. It broke union control of the UK. UK still had unions, but the need to have a vote before a strike made them less militant. People wanting to work don't keep going on strike, but the union bosses get paid whether on strike or not, so they're far more militant than the union members.

      Likewise the rent-a-mob shut down of factories ended.

      After that closed shops were abolished (the rule that said to work at the company you had to be a member of union Z), and Britain really turned around. You no longer had to be a union member to work, you could vote for whether to strike, and blackouts and power cuts ended.

      She was so successful, that she because a sort of hate figure for the left. Ineffective leaders (like John Major) are easily dismissed, not so the good ones. She was hard, and luckily came along at a time when that was needed.

      Goodbye Mrs Thatcher.

      Good riddance - she destroyed the UK

    10. Re:Tragic loss by Kittenman · · Score: 1

      So, which leader is going to shut down the thuggery of high priced and overpriced CEOs and Qango bosses? A well paid cartel, or union too, if you like.

      Excellent question.

      --
      "The greatest lesson in life is to know that even fools are right sometimes" - Winston Churchill
    11. Re:Tragic loss by ChrisMaple · · Score: 1

      Unions have this horrible habit of protecting their members no matter what

      Unions protect those among their members who are raucous enough to make trouble, or whose protection makes the union leaders look good. If unions truly protected all their members through thick and thin, my sister might be alive today.

      --
      Contribute to civilization: ari.aynrand.org/donate
    12. Re:Tragic loss by SkunkPussy · · Score: 1

      Arthur Scargill is currently gets an expensive house in London paid for by the dwindling numbers of the mine workers union so there is no doubt some truth in what you say.

      On the other hand the unions are the only real prospect of wage negotiation available to the majority of employees so regardless of their faults they provide a necessary role that doesn't otherwise exist. Sure its possible to leave your job if you don't like your salary, but there are many reasons you might not want to, such as commute distance. I see employers as price-setters and employees mostly as price takers which pretty much means the wage will tend to be on the low side.

      --
      SURELY NOT!!!!!
  13. Sad news by Anonymous Coward · · Score: 1

    If you are too stupid to realise what Thatcher did for the UK then I can only assume that you work for PC World.

    1. Re:Sad news by Goose+In+Orbit · · Score: 2

      I know what she did - she sold everything "British" to fund tax cuts, when proper management of the utilities sold off would have fed into the public purse and kept them lower to this day and beyond - how many billions do "British" Gas/Telecom/Petroleum make these days? Do we, the people, see the benefit? No.

    2. Re:Sad news by wed128 · · Score: 1

      Would they still be as successful as they are if they were still socialized? Who knows!

    3. Re:Sad news by Dr_Barnowl · · Score: 1

      So your argument is, that before they privatised our national assets, we weren't free to avoid being enriched by them, but when they were sold off, we got the opportunity to pay to keep a share of what we already owned? With the end result being that the rich got the lion's share as usual, and the poor lost their share of valuable national assets?

    4. Re:Sad news by Goose+In+Orbit · · Score: 1

      With the right management - yes.

      As I've written elsewhere - hire these miracle workers... pay them what they want... then use the profits they generate to benefit the whole economy

  14. Re: A sad day by Big+Hairy+Ian · · Score: 1

    Absolutely but it's not all her fault Blair did enough deregulation as well.

    --

    Build a Man a Fire, and He'll Be Warm for a Day. Set a Man on Fire, and He'll Be Warm for the Rest of His Life.

  15. Comment removed by account_deleted · · Score: 2

    Comment removed based on user account deletion

  16. Mother of BSE by Teun · · Score: 4, Interesting
    The way I read history she was the instigator of BSE or mad cow disease.

    Because her government started a relentless drive for less regulation the Brits decided to limit the rules on the reduction of offal to cattle feed.

    Although Scrapie and it's transmission is still not fully understood, in the day there was sufficient evidence it was related to a human syndrome called Creutzfeldt-Jakob disease.

    The rules for offal use were mainly about the time and minimum temperature it had to be processed to become acceptable as cattle feed, Maggie's government lowered both the time exposure and the minimum temperature resulting in Scrapie jumping the barrier to first cows and next humans.

    When Mrs. Thatcher came to office the country was in a deplorable state and changes were long over due.
    But the way she's gone on about them is not fit for a repeat, the all but destruction of the unions has left the country as an outsider in Europe re. workers rights. Even now it's become quite obvious the well regulated German system is superior her party is still strictly adhering to the path she set.
    The issues with her government are not with the subjects she tackled but with the rigorous and often cold-blooded way she did.

    --
    "The likes of Facebook and WhatsApp are free to those whose privacy is of zero value."
    1. Re:Mother of BSE by DigiShaman · · Score: 2

      The issues with her government are not with the subjects she tackled but with the rigorous and often cold-blooded way she did.

      I'm sure that's how the human body feels when you remove a cancerous tumor followed by radiation radiation therapy. But it has to be done!. If you're going to die, die by the cure!

      --
      Life is not for the lazy.
    2. Re:Mother of BSE by doghouse41 · · Score: 1

      I'm from the UK, but I've lived in Germany in the early '90's. You are right that Germany has a well regulated system. Unfortunately what the UK had in the 70's bore little resemblance to that well regulated German system.

      However, as I never tired of pointing out to my German colleagues at the time, unemployment in the UK was actually lower than in Germany (and this was before the merger with the East).

      Since that time Germany has been through a lot of deregulation which has brought it closer to the UK model.

      I'm not saying that the UK would not benefit from the German focus on good education and training, but it's not all roses on the German side of the fence either.

    3. Re:Mother of BSE by Teun · · Score: 1
      Your tale is so bad you are a danger to yourself.

      http://en.wikipedia.org/wiki/Bovine_spongiform_encephalopathy

      --
      "The likes of Facebook and WhatsApp are free to those whose privacy is of zero value."
  17. Good and greedy. by Anonymous Coward · · Score: 5, Insightful

    So others get the blame for the public being shortsighted and greedy and selling their shares?

    1. Re:Good and greedy. by Goose+In+Orbit · · Score: 4, Interesting

      I'll agree that you're right re: shortsighted - but given that direct share ownership at the time wasn't widespread, and the buzz going round was that you could spend £400 one day and get £500-£600 a week later without any obvious risk, most people would take the money and run...

    2. Re:Good and greedy. by Inda · · Score: 4, Insightful

      The majority of us (my mother and father at the time) did not have £400. It was the rich making the rich richer.

      She was a fucking wanker.

      --
      This post contains benzene, nitrosamines, formaldehyde and hydrogen cyanide.
    3. Re:Good and greedy. by Goose+In+Orbit · · Score: 1

      Same here as it happens...

      I was at University at the time and a number of my friends took a punt using that term's grant money (I chose not to do likewise)

    4. Re:Good and greedy. by Patch86 · · Score: 5, Insightful

      If you put a small toddler in a playpen with a kilo sack of sugar, the child eats all the sugar, and subsequently gets very ill with diabetes, who's to blame? Yes, the child is to blame. But nowhere near as much to blame as the atrociously negligent adult who set the situation up.

      If you give every single working class person in Britain (or anywhere) a piece of paper with "IOU £1000" written on it, and you tell them they can either have £1000 to pay their debts right at this exact moment or they can sit on it and it MIGHT, MAYBE be worth more in 5 years (or it could be worth far less), what do you think they're going to do?

      It was not a scheme that was ever destined to "open share ownership up tot he masses". It was a vote-buying cash give away resulting in most of our major national infrastructure being owned by foreign companies. Indeed, much of UK's infrastructure is now owned by foreign governments- energy companies like the French state-owned EDF and German RWE (Npower), or in transport the German Deutsche Bahn (Arriva), Dutch NS (Abellio). Progress!

    5. Re:Good and greedy. by nukenerd · · Score: 2

      Mod parent up, it puts it in a nutshell.

      Mrs T fantasised that we would become a "Share-owning society". I remember the phrase well. But it was obvious to everyone except her government that people buying these shares would sell them again within a few weeks for the quick buck to be made. So the shares ended up owned by big investors.

      I own some shares myself today, because the bank interest rate is so low, but they are a PITA. They need constant attention if you are to make money with them and not seriously lose out. Some guys I used to work with spent most of their spare time on their shares, drawing charts etc. No-one can seriously expect Joe Average to have the time, inclination, or ability to do this. I watched a TV money program two nights ago where they were talking to seemingly typical people who even found the concept of a bank savings account hard to grasp.

      The ultimate irony of that selling frenzy was that the freight side of British Rail, having been "privatised", has ended up in the ownership of the nationalised German Railways. To be fair, British rail was not sold off by Mrs T, who rightly predicted it would be a disaster, but by John Major.

    6. Re:Good and greedy. by Goose+In+Orbit · · Score: 1

      So if they were so good - why not just hire them? Save the costs involved in selling the public what they already owned!

      I'd be happy to pay them the "necessary" salaries they claim now... because the billions in profit would mean lower taxes for all... meaning more disposable income for all... meaning more money spent in the nations shops... meaning a booming economy that lasts - not just for the few months it would take to spend the instant windfall...

    7. Re:Good and greedy. by Hognoxious · · Score: 1

      It's only profitable because infrastructure has high barriers to entry and it was sold far too cheap.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    8. Re:Good and greedy. by Hognoxious · · Score: 1

      I watched a TV money program two nights ago where they were talking to seemingly typical people who even found the concept of a bank savings account hard to grasp.

      Do you happen to remember what it was called and/or what station?

      (Not disputing what you say, BTW. Just would like to see it)

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    9. Re:Good and greedy. by nukenerd · · Score: 2

      I watched a TV money program two nights ago where they were talking to seemingly typical people who even found the concept of a bank savings account hard to grasp.

      Do you happen to remember what it was called and/or what station?

      It was about ISAs, broadcast Friday 5th at 8pm on an ITV channel :-

      www.itv.com/itvplayer/the-martin-lewis-money-show/series-2/episode-3

    10. Re:Good and greedy. by ChrisMaple · · Score: 1

      There are low-expense ETFs that track the market pretty well. If you want to save yourself the time and trouble it takes to beat the general market, something like QQQ is worth consideration.

      --
      Contribute to civilization: ari.aynrand.org/donate
    11. Re:Good and greedy. by shutdown+-p+now · · Score: 1

      If you give every single working class person in Britain (or anywhere) a piece of paper with "IOU £1000" written on it, and you tell them they can either have £1000 to pay their debts right at this exact moment or they can sit on it and it MIGHT, MAYBE be worth more in 5 years (or it could be worth far less), what do you think they're going to do?

      I have to note that a very similar scheme was also executed in Russia in early 90s, with same exact results. The end result of it is that the word "privatization" is effectively a swearword to this day, and the politicians who masterminded the scheme are still hated with a passion.

    12. Re:Good and greedy. by jandersen · · Score: 1

      So others get the blame for the public being shortsighted and greedy and selling their shares?

      That is the most disingenious nonsense I've seen for quite some time, even here on /.

      You know perfectly well that most of the public only have just enough to make things go round. I've been there myself - every month you can only just pay your bills, and because you are honest, that is what you do. And you are surrounded by advertising designed to remind you just how crappy it is to live a life with absolutely no luxuries; so, what do people do when they suddenly have a few thousands - which is more than they've ever had their hands on? Making good investments that will benefit you and you family in the long term requires that you have the insight in economy and a well established discipline, and when do you have the chance to learn these things when you have to struggle with the dismal reality of your daily existence?

      Of course most people went and burned off what extra money they had; that was after all the intention, when the government sold off those assets. They would have been most upset if everybody had turned out to be clever with the money and put it in the bank - or even better, under the mattres in a box. To sum it up: you are either unbelieveably ingnorant or a hypocrite.

      And that sums up the problem with "Capitalism": it is built on lies and false assumptions. The problem doesn't lie with private ownership or free trade - if we really had those things, we would be in less of a mess, I suspect, but the real problem is that the wealth in society is not flowing freely. It all ends up in that big sink-hole that makes up the top 1%; in the end, people will stop buying things and then the whole thing collapses. This started happening a few decades ago, when everybody suddenly started being able to get credit cards and loans more and more easily. Consumers had run out of available money, so businesses were unable to sell their goods; this is not unlike the way it was under feudalism, when poor peasants had to borrow more and more every year to survive, until they were owned, body and soul. And like then, it will have to break.

      Wouldn't it be nice if we could set up a system where wealth did not accumulate like that? Communism is perhaps not the answer, but then let's come up with a better solution this time.

      And on a final note: I put Capitalism in quote before, because what we have is not really capitalism - we have a religion that calls itself "Capitalism", but it is as close to good, working capitalism as most "Christian" sectariansim is to the ideals and kindness expressed by Jesus.

    13. Re:Good and greedy. by Goose+In+Orbit · · Score: 1

      Who pays for the State? The public.

  18. Re:Divisive but so what by Anonymous Coward · · Score: 1

    The country's overrun by chavs, all goods we want we have to import because we no longer make anything, crime's so rampant and the police do so much NOTHING that nobody bothers even reporting it any more, so the politicians trumpet "crime's going down!"... these are "the gains"?

    No, these are called "the reasons why I emigrated".

  19. Britain voter her into power by Anonymous Coward · · Score: 5, Informative

    Britain voted her into power again and again. She was chosen by Brits to lead because she was a good leader.

    Also, the coal strike fractured the coal miners union into two. A lot of miners resented the strike and wanted to work. They believed they'd win the a strike vote and prevent a strike. Scargill tried to shut them down using mob picketing of the Nottingham mines.
    The '6 person picketing rule' meant the police came in. The mob would be kept on the other side of the street, only 6 were allowed at the gate.
    Then we had the motorway killings, workers buses would be hit by bricks and railway sleepers, people died, that led to a further loss of support for Scargill.

    She did other things too, she increase corporation tax to held reduce the debt, and reduced the top rate personal tax from 83% to 60%
    (yes it really was that high! If your income came from sales, you'd pay 98% sales+income tax!).

    http://en.wikipedia.org/wiki/Taxation_in_the_United_Kingdom

    She raised taxes and cut spending.
    http://economix.blogs.nytimes.com/2011/07/05/the-legend-of-margaret-thatcher/

    It's difficult for the left to accept her success. Largely because they'd have to accept the 1970's labour governments were a disaster. But thats why Britain voted for her.

    Mod points won't hide things. She was a good competent leader. Far better than the people dissing her now.

    1. Re:Britain voter her into power by Anonymous Coward · · Score: 3, Insightful

      Exactly. Britain would have been in the exact same position Greece has been for the last few years in the 1980s had they had another Labour government instead of Thatcher's.

    2. Re:Britain voter her into power by BasilBrush · · Score: 5, Informative

      Britain voted her into power again and again. She was chosen by Brits to lead because she was a good leader.

      She had the good fortune to be invaded by the Argentinians. Prior to that, her ratings were terrible, and she was on track to lose the next election. But winning a war where part of Britain's remaining empire was attacked, was enough to make her popular. Even though the economy was in the toilet.

      Economic success later in the 1980s was down to North Sea Oil. It would have benefitted any government in power in the 80s. Just as a Falklands invasion would have.

      She was a nasty person with foul policies who happened to be in the right place at the right time, and took credit for it.

    3. Re:Britain voter her into power by StoneyMahoney · · Score: 1

      Of course she was voted in again and again, she knew how to play win favour with the masses - she rattled the Jingoist sabre over the Falklands and let the middle classes buy the council homes they lived in. When you can play master strokes like that to turn around some of the worst polling results ever seen, breaking the unions was easy.

    4. Re:Britain voter her into power by bfandreas · · Score: 1

      "She was a nasty person with foul policies who happened to be in the right place at the right time, and took credit for it."

      Not unlike Tony Blair then.

      They were birds of a feather. But she actually caused the things she took credit for.

      --
      20 minutes into the future
    5. Re:Britain voter her into power by evilmidnightbomber77 · · Score: 1

      On a massive 42% of the vote in 1987. Er, wait...

    6. Re:Britain voter her into power by redredtux · · Score: 1

      And the UDM got the reward of traitors through history. They were shafted by Thatcher after they were no longer useful

    7. Re:Britain voter her into power by Patch86 · · Score: 1

      Britain voted her into power again and again. She was chosen by Brits to lead because she was a good leader.

      She was chosen by the Brits time and time again because she was very good at playing the politics game. She kept people happy with a string of populist policies, from massive pre-election vote-buying "share giveaways" from selling off National property, to having a good old war with some nasty foreigners over an island no-one had ever heard of before, to letting people buy Council Houses at a large discount to immediately sell on at a massive profit.

      While at the same time, she had remarkably low personal opinion poll ratings and her policies were immensely controversial (and remain so here to this day).

      So please don't assume that her victories over the lame-duck Labour opposition at the time was some sort of ringing endorsement for her policies; it was just good clever politics. Thatcher's governments were a product of Labour's failings, not of her own brilliance. As is so very often the case with the Conservatives in the post-war period. Just ask Messrs D Cameron and G Brown...

    8. Re:Britain voter her into power by nukenerd · · Score: 1

      Britain voted her into power again and again. She was chosen by Brits to lead because she was a good leader.

      Don't include me in that. The way UK voting works, leaders can get voted in even with less than 50% of the votes going to their party even if there are only two parties to vote for as things largely were in those days; that is because Labour-supporting areas tend to be far more solidly Labour than Conservative areas are - ie Conservative votes are spread more efficiently.

      Your post may give non-UK readers the impression that near "everyone" liked her. In fact people either loved her or loathed her, independent of political and social boundaries. I mostly knew people who loathed her, despite their being professional types and thus natural conservatives. OTOH, women of all sorts tended to like and vote for her, seeing her as a role model and assuming she supported women's issues. In fact Mrs T hated other women - she avoided them and could not control them (eg the Queen) as she could certain types of men (eg the type she promoted to cabinet).

    9. Re:Britain voter her into power by BasilBrush · · Score: 1

      Well she inadvertantly encouraged Agrentina to invade the Falklands by removing navy coverage of the South Atlantic. So I suppose she was responsible for the invasion that she then had to start a war over.

      But she certainly wasn't responsible for North Sea Oil. A process of fossilisation had put it there. And it was at the right time in the development of the global oil industry to extract it. Easier land based reserves were all already being exploited, and the North Sea was a relatively easy sea based reserve, because the North Sea is shallow. It was the North Sea's turn in the 1980s. Notice how Norway were exploiting it at the exact same time.

      So she was responsible for the bad military fuck up that she had to remedy, but not responsible for the windfall the economy had.

    10. Re:Britain voter her into power by bfandreas · · Score: 1

      The BP selloff was a short term windfall to whoever.
      Norway did hold onto its oil and resisted a quick selloff to solve short-term problems. Now look at where they are now.

      Thatcher had the right idea but went too far. The state needs to have interest in the national resources and the utilities. You can't sell off just about anything and say "oh, you had ample time to invest into those shares". Some stuff is relevant to everybody and there is such a thing as society.

      Her vision was very short term and ideological when proper national leadership should always have long-term goals. For example equal access to higher education no matter how shallow your parents pockets are is important. Otherwise you will be breeding a youth without a perspective. Raising of future generation is the most important task a society has.

      The things she did right was getting rid of closed shops. Mandatory union membership is just wrong. The old unions were nothing but old boy's clubs with very little legitimacy. But by destroying them outright instead of encouraging reform she simply tipped the scales too far in favour of the employers. The German model for unions is quite good, actually. Strong negotiation partners and strong participation of employees in the board room make calling for strikes an infrequent and last resort measure. It's better than fending for yourself and being thrown under the bus.

      The UK is globally only relevant in the financial sector. Everything else is sub-standard. Unless you have the cash. This is her legacy and Tony Blair's legacy.
      You can't move your Gini index into the high percentages and then complain about the Guns of Brixton.

      --
      20 minutes into the future
    11. Re:Britain voter her into power by BasilBrush · · Score: 1

      I'm with you on most of what you say. And top marks for referencing the Gini index. A couple of things:

      Yes, I didn't even mention the privatisations which were even more of a windfall that she had. I was just referring to all the tax and employment from that North Sea oil.

      Yes the privatisations were a big mistake.

      I can't agree with you on the closed shops though. It sounds OK in theory to get rid of them, but in practice it can be a mistake. Take Equity as an example. At one time acting was a profession, for which you had to be an Equity member. That meant limited numbers, and those people could consistently get work, and earn a liveable wage due to negotiated standard rates. Since the criminalisation of closed shops, anyone can and does have a go, there are far more people then jobs. As a result many "employers" are now taking on people for acting jobs without paying them any money at all. Just the promise that "It'll look good on your CV". The majority of actors are now simply living on benefits for the vast majority of their time. And no, it wasn't always so. The run of the mill actor was never very well paid. But it was a job which provided work most of the year, and a livable wage, for a limited number of professional people - thanks to the Equity closed shop.

    12. Re:Britain voter her into power by bfandreas · · Score: 1

      This is how things were done in Germany.

      Unions and Employer Associations negotiate wage levels. Any member company of the employer assocation complies with the agreements. If they didn't then they would be whipped back into the line by public opinion, politicians and other members.
      Well, this at least is true for the bigger shops. Smaller companies usually pay well or offer other benefits(like less hassle with management) to attract employees.

      10-15 years ago we changed a lot of that. The unions still are powerfull and still negotiate with employers but the public opinion has changed. Germany is now much more willing to accept inequality. And it has become common practice to outsource low-skilled labour to other companies so you don't have to comply with the agreements. The outcry when this was dragged into the light was not as big as it would have been 20 years ago.
      There even is a discussion about establishing a minimum wage. Before it hardly was neccessary.

      --
      20 minutes into the future
    13. Re:Britain voter her into power by mjwalshe · · Score: 1

      And her government had signaled that they where not serious about protection the Falklands by scrapping HMS Endurance whether Argentina woudl have gone ahead if this ship hadn't been scraped is not clear but it must have encouraged them.

  20. didn't read the article by Frontier+Owner · · Score: 2
    but based on the comments, it sounds a whole lot like her US counterpart.

    Reagan caught a lot of flack after he left office, but history has been kind to him. Perhaps in a few years Maggie will be seen in a kinder light. Or maybe not. The brits aren't too fond of the eastern european influx that have shown up for free medical.

    1. Re:didn't read the article by drinkypoo · · Score: 1

      Reagan caught a lot of flack after he left office,

      Well no. He caught most of the flak before he left office, for the evil things he was involved in. After he left office he was widely regarded as being senile, which may have been true.

      but history has been kind to him.

      He was a Republican. History had to be kind to him, or we'd see 'sup.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    2. Re:didn't read the article by Phrogman · · Score: 1

      All Republican leaders are remembered as being virtual saints, since their supporters can't seem to shut up about how wonderful they were - or the astroturfers hired to maintain the myth of republican superiority and maintain the level of anti-democrat vitriol.
      Reagan was horrible, Thatcher was horrible, and a lot of the current situation we find ourselves in these days is due to their leadership. The left side of the equation is hardly perfect mind you but I am sure sick of the saccharine praise for the right I see everywhere these days.
      The "first world" is rapidly becoming more of the third world and a lot of it is due to the economic policies promulgated by right wing leaders of the past few decades. Ensuring the rich get richer at the expense of the average person is not in the interests of the general public.

      --
      "The first time I got drunk, I got married. The second time I bought a chimpanzee, after that I stayed sober" Arian Seid
    3. Re:didn't read the article by wed128 · · Score: 1

      Because history is never unkind to republicans? or do the Bushes not count?

  21. Margaret Thatcher was prime minister for by fustakrakich · · Score: 4, Funny

    A) 900 years
    B) 3,000 years
    C) 11 years

    --
    “He’s not deformed, he’s just drunk!”
  22. This is geek news by SpaghettiPattern · · Score: 5, Interesting

    This is geek news because she created the conditions where IT professionals could sell their skills at a decent price. If you were in commercial IT between 1985 and 2005 and you didn't even try to become self employed, then you should ask yourself whether you missed something.

    I am aware that the deregulation of the financial market went too far. However, I maintain that if Mrs. Thatcher wouldn't have exercised her influence, the UK would not have thrived as it did.

    --

    I hadn't the slightest objection to his spending his time planning massacres for the bourgeoisie... (P.G. Wodehouse)
    1. Re:This is geek news by Xest · · Score: 1

      IIRC she also wanted to give BT the go ahead to roll out a national fibre optic network in the 80s too, but was defeated by a legal ruling from the competition commission.

      We'd have been so far ahead of our time if she'd got her way on that one.

    2. Re:This is geek news by SpaghettiPattern · · Score: 1

      IIRC she also wanted to give BT the go ahead to roll out a national fibre optic network in the 80s too, but was defeated by a legal ruling from the competition commission.

      We'd have been so far ahead of our time if she'd got her way on that one.

      Indeed you assume I'm British. But I'm not. I lived in the Netherlands for quite some time, where I came into contact with British contractors. They motivated me to do the "daring" thing and to sell my skills for 4 times the price I was getting then. That's how much positive influence Mrs. Thatcher had on me, a regular guy that likes to do his job well.

      More Britishness rubbed off and I genuinely started to appreciate the Brits. Keep in mind that when I was in NL I was mostly surrounded by left wingers that listened to UB40 and thought little of Thatcher. Sod prejudice!

      --

      I hadn't the slightest objection to his spending his time planning massacres for the bourgeoisie... (P.G. Wodehouse)
    3. Re:This is geek news by dkf · · Score: 1

      This is geek news because she created the conditions where IT professionals could sell their skills at a decent price.

      Most of that was actually driven by a combination of generally high skills because of the nascent hobbyist scene, the general world bull market for IT until 2000-2001 (neither of which are really anything to do with the government of the time at all) and a tax loophole which meant that contracting was exceptionally lucrative relative to the costs of working that way. I remember a number of my friends being very upset when that one got closed...

      --
      "Little does he know, but there is no 'I' in 'Idiot'!"
  23. Re: A sad day by singer-scientist · · Score: 4, Informative

    Sounds like she is partial author of the current turmoil.

    In no particular order:

    • "Warehouse economy"
    • Deregulation of credit and banking
    • "Demutualisation" of not-for-profit savings and mortgage societies (Building Societies)
    • Fire sale of state assets, including state housing
    • Squandering of North Sea oil revenues
    • "Dash for gas" for electricity generation, killing off research into renewables and coal gasification (for political reasons)
    • Normalising crippling levels unemployment, and lifetime benefit dependency
    • Encouraging those out of work to move onto sickness benefit to massage unemployment statistics
    • "There is no such thing as society"

    Yes!

  24. Winter of Discontent by mangu · · Score: 4, Insightful

    She was a terrible Prime Minister and caused untold suffering and misery.

    The British people who elected her obviously disagree with you.

    She was elected after the policies of the Labour party dumped the country in the worst economic crisis in UK history

    Labour had policies based upon raising the income tax without any regard for cutting government expenses. They claimed government spending and inflation are good for the economy. Sound familiar?

    1. Re:Winter of Discontent by Anonymous Coward · · Score: 1

      The British people who elected her obviously disagree with you.

      For info - Maximum vote 44% at her 'most popular'.

    2. Re:Winter of Discontent by AK+Marc · · Score: 1

      They claimed government spending and inflation are good for the economy. Sound familiar?

      Sounds like the Republican platform. The only difference is she raised taxes, and the Republicans increased borrowing.

    3. Re:Winter of Discontent by drsquare · · Score: 1

      She won because the left-wing vote was split between multiple parties whilst she had the right-wing vote for herself. She wouldn't have lasted long in a country with a modern voting system.

  25. Re:Julian Cope said it best... by Sponge+Bath · · Score: 1

    There once was a Maggie from Lincolnshire
    whose conservatism would never tire
    Milton Friedman was her hero
    when things got warm she fiddled like Nero.

  26. Margaret who? by wonkey_monkey · · Score: 1

    Margaret Thatcher, open source advocate?
    Margaret Thatcher, sci-fi actress?
    Margaret Thatcher, bitcoin pioneer?

    No, of course not, it's Margaret Thatcher, former British Prime Minister who's been out of public view for years. As far as I'm concerned this barely qualifies as news anywhere, let alone Slashdot.

    --
    systemd is Roko's Basilisk.
    1. Re:Margaret who? by mutube · · Score: 1

      I was a bit surprised to see it here too - but find it hard to believe you can't see it being newsworthy "anywhere". Not even in the UK?

      Would you really prefer another story about Bitcoins?

      Can't see her without seeing the Spitting Image puppet of her. Enjoy.

    2. Re:Margaret who? by wonkey_monkey · · Score: 1

      I was a bit surprised to see it here too - but find it hard to believe you can't see it being newsworthy "anywhere". Not even in the UK?

      Well, what I really meant was that, in general, I've never really understood the media frenzy that erupts when someone who was (past tense) newsworthy in their time dies. Since I got home about 45 minutes ago I've seen nothing but Thatcher on the BBC News Channel. It would be nice to know what actual important things are happening in the world today - the continuing existence or otherwise of North Korea, for instance.

      In short, while I will grudgingly accept that it is news, it certainly doesn't, in broader terms, matter.

      --
      systemd is Roko's Basilisk.
    3. Re:Margaret who? by mutube · · Score: 1

      Ah right, well I'm with you on that one.

      I never liked the woman but I still find comments along the lines of "at last, shes gone!" a bit strange since - as you say - she's been irrelevant for a long time not to mention incapacitated by Alzheimers. She was 'gone' when she lost power. I guess we can recognise the end of her as a living political icon (both positive and negative) but that's just paving the way for even more mythologising of who she was.

      North Korea is far more interesting, I'll grant you that.

      Top quote so far from John Major: "She made the wind".

    4. Re:Margaret who? by wonkey_monkey · · Score: 1

      You appear to have no knowledge of history and political figures outside of your own country.

      You appear to have no knowledge of which country I'm in, so how about you stop being condescending and actually read what my rather short post actually says, rather than what you imagine it says about me.

      Your apparently tender age is no excuse.

      Another faulty assumption.

      At Angkor Wat (a pile of stones outside the USA, in a country called CAM-BO-DEE-AH), a kid selling trinkets came up to me and my friend and started a discussion on UK politics, mentioning several former leaders including Thatcher, Heath, and a bunch of other people you don't know anything about. He was 10 years old. He made a sale.

      Good for him. He's either a politics geek or has a good store of banter to reel in a punter.

      My point was not - as should have been obvious - that she was the Jimmy Carter of UK politics (nyah, see?). She was a huge force in UK politics for many years, loved and loathed in equal measure. Was. Past tense. My point is that her death is not, in my opinion, newsworthy enough to warrant coverage on Slashdot, nor even to warrant the continuous hours of coverage that the BBC News Channel seem unable to stop themselves from providing. She was an old lady. Her legacy was already set in stone years ago.

      --
      systemd is Roko's Basilisk.
    5. Re:Margaret who? by wonkey_monkey · · Score: 1

      She was sealed into the Seventh Obelisk. I was at the prayer meeting.

      --
      systemd is Roko's Basilisk.
    6. Re:Margaret who? by bfandreas · · Score: 1

      Ah right, well I'm with you on that one.

      I never liked the woman but I still find comments along the lines of "at last, shes gone!" a bit strange since - as you say - she's been irrelevant for a long time not to mention incapacitated by Alzheimers. She was 'gone' when she lost power. I guess we can recognise the end of her as a living political icon (both positive and negative) but that's just paving the way for even more mythologising of who she was.

      North Korea is far more interesting, I'll grant you that.

      Top quote so far from John Major: "She made the wind".

      Yep, that's John Major. No doubt about it.

      By the love of all that's holy! I just realized I have The Guardian subscribed on my Kindle and read it every day on my way to work. Let's see, what will tomorrows headline be?
      Good thing they planned in advance and preemptively wrote her obituary in 1979, and another one in 1981, 1984 and with much greater hope in 1985. All they have to do is set the phasor to "very publish" and they will have their biggest issue since she stepped down.

      --
      20 minutes into the future
    7. Re:Margaret who? by Americano · · Score: 1

      No other world leader at the time could claim to have as much influence on Ronald Reagan as Mrs T.

      I bet that the Cold War would have ended a little sooner if Mr. T. had been present at a few more diplomatic events. "President Gorbachev - look at these people in East Germany! I pity the fools! Tear down this wall - and treat your mama right!"

  27. No vote no strike by Anonymous Coward · · Score: 5, Insightful

    "Ever since she shut down the unions,"

    All Scargill had to do was have a strike vote. She didn't shut down the union, she made the union bosses answerable to their members, and gave people a choice if they wanted to be a union member.

    "CEO's wages have increased dramatically more than the median wage"
    No doubt, but then she hasn't been in power since 1990 and most of that is post 1995. The unions, as I said, weren't shut down. They're still around and chose Ed Miliband as the leader of the Labour party. Despite the party members voting for his brother. If you think the unions are the fix for things, why not vote for Ed. His party didn't.

    "No longer were employees empowered to demand a reasonable share of the profits of their endeavours"
    Britain was bankrupt, what are these 'profits' you refer to? At one point they couldn't even pay the nurses their wages.
    Nurses union wasn't as powerful as the miners+electricity workers unions.

    1. Re:No vote no strike by kwbauer · · Score: 1

      "She didn't shut down the union, she made the union bosses answerable to their members, and gave people a choice if they wanted to be a union member." from the way the union heads here in the States talk about "CardCheck", she did shut down the unions.

      From the union leadership standpoint, any time they become more accountable you are shutting down the union. This is because the purpose of unions nowadays is not to protect the worker, it is to enrich the leadership.

    2. Re:No vote no strike by SkunkPussy · · Score: 1

      This is the sort of things Americans say. If you are an American, kindly don't assume anything about British unions.

      --
      SURELY NOT!!!!!
    3. Re:No vote no strike by kwbauer · · Score: 1

      seems as though some of your fellow Brits agreed with me in their own responses further down the thread.

      My guess is that unions have for outlived their usefulness in the "developed" world and only exist now for the purpose of enriching the upper management at the expense of the working class. Sort of what the liberals are always claiming about corporations. The big difference is that corporations generally tend to actually produce something while enriching their upper management.

    4. Re:No vote no strike by SkunkPussy · · Score: 1

      I see it as no coincidence that wage inequality has increased over the last 30 years while union membership has decreased. Basically in most instances employers are price setters and employees are price takers (take it or leave it). Unions, whatever other faults they my have, ensured some realistic negotiation on wages.

      --
      SURELY NOT!!!!!
  28. Re:I still hate her as much today as I did yesterd by khallow · · Score: 4, Insightful

    She started us on the "no such thing as society" route

    The full quote is:

    I think we have gone through a period when too many children and people have been given to understand "I have a problem, it is the Government's job to cope with it!" or "I have a problem, I will go and get a grant to cope with it!" "I am homeless, the Government must house me!" and so they are casting their problems on society and who is society? There is no such thing! There are individual men and women and there are families and no government can do anything except through people and people look to themselves first. It is our duty to look after ourselves and then also to help look after our neighbour and life is a reciprocal business and people have got the entitlements too much in mind without the obligations, because there is no such thing as an entitlement unless someone has first met an obligation and it is, I think, one of the tragedies in which many of the benefits we give, which were meant to reassure people that if they were sick or ill there was a safety net and there was help, that many of the benefits which were meant to help people who were unfortunate -- "It is all right. We joined together and we have these insurance schemes to look after it". That was the objective, but somehow there are some people who have been manipulating the system and so some of those help and benefits that were meant to say to people: "All right, if you cannot get a job, you shall have a basic standard of living!" but when people come and say: "But what is the point of working? I can get as much on the dole!" You say: "Look" It is not from the dole. It is your neighbour who is supplying it and if you can earn your own living then really you have a duty to do it and you will feel very much better!"

    Sounds a lot better when you understand the context. The things we demand or take from "society" are actually demanded or taken from our fellow man. As to the "some people will never get a job" quote, you have three of the five googled instances of the quote, all from the same copy/pasted comment that you gave above.

    Then you move on to:

    The thing I hate her most for is usurping the prayer of St Francis of Assisi. I cannot her it now without thinking about how she did the exact opposite of every single statement - it brings thoughts of selfish greed, self importance and hypocrisy instead of peace and humility now.

    That indicates your problem. You could have chosen to view the prayer and her works in the better light they deserve. You have poisoned your worldview for at least three decades.

    Another was changing the law and backdating it when she tried to take money earmarked for London transport, despite the judge saying it was not only legally but morally wrong,

    End the Cold War? Reverse the economic decline of the UK? Not worth mentioning. But mess with your pet public transportation scheme, and you'll be bitter till the end of time.

  29. Re:Mind your language by wonkey_monkey · · Score: 1

    You're one of those "don't call me a chick" chicks, right?

    --
    systemd is Roko's Basilisk.
  30. The wrong Margaret by Somebody+Is+Using+My · · Score: 1

    When I first glanced at this morning's Slashdot headlines, my brain parsed this as "Margaret Weiss Dies at 87" and thought, "oh what a terrible start to the day; I used to quite love her books. I didn't know she was so old!"

    But on re-reading, well... I was too young to be (directly) effected by Thatcher's politics but I can understand some of the anger. Still, at least she had a sense of humor

  31. Thanks to her, the Falklands are still British by dkleinsc · · Score: 1

    This was of course extremely important: The Brits needed those islands for, as Eddie Izzard put it, strategic sheep purposes.

    But at least Prince Andrew got some good press out of the whole thing.

    --
    I am officially gone from /. Long live http://www.soylentnews.com/
    1. Re:Thanks to her, the Falklands are still British by baka_toroi · · Score: 2

      Could you expand on your view? I'm not sure I really get it.

      As an Argentinian, I believe invading the Falklands/Malvinas was one of the stupidest things we've ever done, and we've done plenty of stupid shit.

    2. Re:Thanks to her, the Falklands are still British by dkleinsc · · Score: 1

      Sarcasm, is my view: It was fighting over basically some useless rocks, with both sides doing so mostly to prove they were capable of fighting over useless rocks.

      And I write this as someone who has family members buried in La Recoleta.

      --
      I am officially gone from /. Long live http://www.soylentnews.com/
    3. Re:Thanks to her, the Falklands are still British by TheMathemagician · · Score: 1

      Yes Eddie Izzard, and presumably you too, would cheerfully have handed all the residents over to the whims of the Argentine junta which would have immediately confiscated all their land, houses, and sheep and, if they were lucky, let them go, or if unlucky, imprisoned or killed them.

    4. Re:Thanks to her, the Falklands are still British by gbjbaanb · · Score: 1

      they'll be proven to be very un-useless if someone discovers oil around them. Why else do you think the Argentinian government wants a couple of scraggy rocks back? They never showed an interest in them when they were used as outposts for whaling stations.

    5. Re:Thanks to her, the Falklands are still British by Xest · · Score: 1

      Regarding the sheep thing he's suggesting the islands have no value apart from sheep. This is a rather ignorant view though, it's easy for Eddie Izzard to say this sat in the comfort of his multi-million pound house in the UK, but ask the people who live there and whose families have lived there for over 300 years if the islands have no value. The islands are their home and that's really what it was about, besides, if we hadn't fought to get the Falklands back it's likely that other British citizens across the globe could've faced being forced out of their homes - it wasn't out of the question for example that Spain would've taken back Gibraltar by force leaving the British citizens there homeless too.

      His comment about Prince Andrew was because Prince Andrew fought in the Falklands, he was a helicopter pilot IIRC and so it meant he got a lot of good press at home as the "warrior prince" just like Prince Harry nowadays has had for fighting in Afghanistan. It's petty populism on behalf of our media and royal family.

      My personal view (to disclose my bias, I'm British) I don't doubt that politicians on both sides find the Falklands a convenient cause for stirring up popular support, but on the human side of it real actual people live there, people whose family homes and family ties have existed there for hundreds of years, and I don't think that can simply be ignored. It's not fair for someone like Kirchner to just dismiss them as invaders - some of them have family ties to those few rocks that stem back before Argentina even existed as a nation and cohabited on the islands with the predecessor Spanish colonies there.

      On that note I think Britain and the islanders would actually be happy to be handed over to Argentina for what it's worth if it was of benefit to them. But they're never going to accept that whilst Kirchner follows a policy of bullying and attacking them, rather than courting them and giving them reasons as to why they'd want to become part of Argentina. I think our government is genuine in saying that if the Falklanders ever want to become Argentinian, then Britain will indeed give up the islands, but that the choice of the islanders has to come first - it's their home, and has been for way longer than Kirchner or her family have been Argentinian.

    6. Re:Thanks to her, the Falklands are still British by mjwalshe · · Score: 1

      Lots of oil in that wool :-)

  32. Re: A sad day by gadget+junkie · · Score: 3, Insightful

    In other words she ushered in the era of zero accountability for the rich and corporations.

    Sounds like she is partial author of the current turmoil.

    Just for the sake of argument, and because I am decidedly grumpy these days, I'll let you search for the privatization prospectus for the water companies. Go check the limits . It was a painstakingly difficult formula built to ensure that companies would not increase prices if they could not account for them in investment in the water network and quality, and all capped at consumer price inflation minus 2%. The prospectus was big as a moderate size telephone book. the water authority had limited power, in that a company better managed would earn more, but that power was enough. To top it off, in the initial public offering the general public, and especially customers, got a fantastically good deal. Not only they had priority up to 2.000 shares each, but they were partly paid, i.e. in the first year they had a full dividend on half the capital.
    So, sorry to shake your comfortable beliefs, but no, it was not dear old Maggie who "ushered in the era of zero accountability for the rich and corporations". for these you had to wait for the same Brussels Burocracy she railed against to no avail.

    --
    "If a boss demands loyalty, give him integrity. But if he demands integrity, give him loyalty." (John Boyd, 1927-1997)
  33. Rest in Peace by chrispatch · · Score: 1

    You will be missed.

  34. and the noise you hear is... by Pax681 · · Score: 3, Funny

    Scotland totally not giving a fuck!
    Scotland's Very own Frankie Boyle p t it best on Mock The Week a few years ago

  35. Re:Margaret Thatcher, Milk Snatcher by Pax681 · · Score: 1

    she was preventing kids from having milk before then! Thatcher was on the team that invented "Mr Whippy" ice cream.. looks like you get more however with the air pumped and mixed into it you actually get less!

  36. R.I.P. by luckymutt · · Score: 1

    Rust in Peace, Iron Lady.

  37. Re: A sad day by Anonymous Coward · · Score: 1

    Everything you've listed is open to political debate, except the last. That's a deliberately negative out-of-context selective quote.

    The reader should be invited to examine a longer quote ( http://en.wikiquote.org/wiki/Margaret_Thatcher#Third_term_as_Prime_Minister ) and decide what the sentiment contained was.

  38. Mother of BSE? Unlikely by Anonymous Coward · · Score: 4, Interesting

    That decision would have been ministry for agriculture, she wouldn't have even been in the meeting. But yes, her government was not perfect, every choice she made was not perfect. You're kinda clutching at straws I think though.

    Also I see people complaining about Mr Whippy. Mr Whippy's 99 was the most popular icecream before Cornetto came along, it far outsold the icecream slice and more people wanted the soft 99's with the choc flake even than scooped chocolate icecreams. DON'T DISS THE 99!

    Overall though, damn good on you Mrs Thatcher, I remember the bin-men strikes, I remember the miners and their 20% pay rises. I remember my dad complaining that he had to go on strike because he's been told to and would lose his job is he didn't (closed shop agreements suck). I remember factories closing everywhere.

    I also remember how we'd get our food order in on Fridays, and eat banana sandwiches, and eat all the crisps. I remember how by the next week there would be no food. I even ate lard at one point. Britain was poor before her, a banana sandwich on a Friday was luxury.
    I sound like an old man, but I remember what the 70s were like, we were poor! We had power cuts, we would sit in the dark with an oil lamp because the power workers wanted a 20% rise this year since the miners got so much, and the bin men went on strike wanting the same. F*** you. I'm really angry when I remember how bad things were and hear you diss Mrs T.. You don't have a clue, you really don't know how much better she made things.

  39. Re:I still hate her as much today as I did yesterd by the+eric+conspiracy · · Score: 2

    That modern economic climate being democracy + capitalism as competitors to socialism and authoritarian government.

    Something that seems sadly to have gone out of fashion in the world today.

  40. Re:Good ridance by GameboyRMH · · Score: 1

    I don't know about what she did on women's rights, but just occupying the position of PM with a vagina doesn't count for anything.

    --
    "When information is power, privacy is freedom" - Jah-Wren Ryel
  41. Even in death, she is divisive by Bill_the_Engineer · · Score: 1

    The leftists will spew hate and dance on her grave. The right will honor her free market initiatives. The ones in the middle are caught in the crossfire. One of her quotes "“Standing in the middle of the road is very dangerous; you get knocked down by the traffic from both sides.” seems appropriate and sheds light on her political philosophy.

    As an American, I can only say that she was well liked by us (at least our media). Not because of any economic policies but because it was the 80s and the brinkmanship with the Soviet Union was the #1 issue on both sides of the "pond". Reagan and Thatcher could pretty much do anything they wanted because we were more concerned about the cold war than anything else. The threat of nuclear war dominated our popular culture and the fall of the Soviet Union cemented Reagan's and Thatcher's place as the ones who made it possible to no longer have to worry about the threat of nuclear war.

    As an outsider, it isn't fair for me to comment on her domestic policy. For the US, the 80's seemed decadent for the upwardly mobile segment of the population while the middle class waited for the benefits to trickle down as their economic security was threatened or eliminated. I'm assume the UK experience was similar with the upwardly mobile taking advantage of the deregulated markets and the middle class feeling the pressure from the lack of job security or outright job loss. The 80's was a conflicted time for the working class.

    Anyway however how right or wrong her policies were, the number one reason why she was ultimately good for Great Britain was her stubbornness. The status quo wasn't a real option for Great Britain and it took her to put their government in a gear other than neutral. I think in the end history will note that it was her disruption of the status quo that was beneficial for her country and not necessarily her policies. Same can probably be said of Reagan in the US. Our economic system needed to be a little less regulated or government owned. Of course there is a huge difference from lessening government control/ownership and outright privatize everything and allow the market self regulate. Anyway back on topic...

    My mild fondness for both Reagan and Thatcher is dampened by the reality that despite ultimately improving the GDP and political stature of both nations as well as eliminated the soviet threat, both countries now suffer from a society divided by the so called free market. I don't think it's really fair to place the blame entirely on the free market. Regardless, the short-term gains are now giving way to the long-term consequences.

    I guess a self-conflicted comment is appropriate for the current subject...

    --
    These comments are my own and do not necessarily reflect the views or opinions of my employer or colleagues...
    1. Re:Even in death, she is divisive by Epeeist · · Score: 1

      As an outsider, it isn't fair for me to comment on her domestic policy. For the US, the 80's seemed decadent for the upwardly mobile segment of the population while the middle class waited for the benefits to trickle down as their economic security was threatened or eliminated. I'm assume the UK experience was similar with the upwardly mobile taking advantage of the deregulated markets and the middle class feeling the pressure from the lack of job security or outright job loss.

      My wife's relatives come from the Barnsley area of West Yorkshire, mine from around Castleford in the same county. Thatcher's policies were a disaster for these and many other areas of the country outside of the London metropolitan region. They were directly responsible for the increase in unemployment from around 1.5 million to 3.5 million and the loss of jobs for a generation.

      Look at the reports in the press and the broadcast media, notice how few come from the North of England, Wales or Scotland.

    2. Re:Even in death, she is divisive by bussdriver · · Score: 1

      Nobody wins a war. Both sides lose in a war. We lost the cold war as well; our victory is in the form of prolonged collapse which is ongoing. Using fear to rob the populace of their money and freedom is as old as humans. Reagan and Thatcher are crooks; well Reagan is a corporate spokesperson who wasn't aware of what he was doing but that is no excuse. At least most the UK is not totally clueless about Thatcher unlike the USA where Reagan is a prophet (and like other prophets, many of the followers don't seem to actually know anything about them.)

      There is no left or right. It is the French assembly's seating arrangement from centuries ago. http://politicalcompass.org/

      Oh, and "job creators" are not one step removed from "the creator" - they are false demigods. If people want to buy it, somebody will supply it... even if its illegal. You'd think illegal drugs couldn't exist given the religion preached on mainstream media and our politicians today! Those drug lord "job creators" are under attack (in a "war" on their business) and yet their industry is booming...

    3. Re:Even in death, she is divisive by TheMathemagician · · Score: 1

      A job where the government pays you £200/week to dig out coal worth £100 isn't a real job in the economic sense. It's a pretend job like in the old Soviet Union. It can only exist due to a massive distortion in the laws of economics caused by previous governments subsidising loss-making coalmining. She just turned off the life-support. The jobs had been destroyed years before by the inflation and devaluation of the pound caused by Labour.

  42. Re:Maggie, Maggie, Maggie! by mutube · · Score: 1

    "When those bills come rolling in; we're gonna throw them in the bin.

    Maggie! Out!
    Maggie! Out!
    Maggie, Maggie, Maggie!
    Out! Out! Out!"

    I was at an anti-Poll Tax march with my mum, at the tender age of 9. Seems like an age away now.

  43. Re:I still hate her as much today as I did yesterd by GameboyRMH · · Score: 1

    True, Ronald Reagan deserves credit for winning an economic drinking game with the USSR, they couldn't hold their debt as well as the USA!

    --
    "When information is power, privacy is freedom" - Jah-Wren Ryel
  44. What I want to know is by mutube · · Score: 1

    What does Yvonne Lee, Community Manager at Dice.com think about all this?

    Haven't heard from her in a while.

  45. Slashdot on Maggie: by Hartree · · Score: 1

    "She turned me into a newt!"

    "....I got better"

  46. Ah well by Impy+the+Impiuos+Imp · · Score: 1

    She created the poll tax to force the idiot common yokel voter to see how damned much money they were actually paying to government in taxes.

    It backfired and was tremendously unpopular because it successfully forced the common yokel voter to see how much money they were actually paying to government in taxes.

    --
    (-1: Post disagrees with my already-settled worldview) is not a valid mod option.
  47. Re:Well, that’s a trick question. by MrL0G1C · · Score: 1

    I agree, must of been 900 years.

    --
    Waterfox - a Firefox fork with legacy extension support, security updates and better privacy by default.
  48. Re:Good ridance by pjt33 · · Score: 1

    Sirimavo Bandaranaike? Indira Gandhi and Golda Meir were also PMs before Thatcher (and Eva Perón was President).

  49. Transformed the UK Economy by SmallFurryCreature · · Score: 1

    Well, yes, she did transform the UK economy. From an industrial nation to a bankers nation who then went bankrupt. The UK is Greece times a hundred with the Scots owing all the money (oil) and the UK being a shadow of a shadow of its former self. They even had to sell their aircraft carrier.

    The UK is a great example of what happens when you are in love with the stock market and think bankers ARE the economy instead of being a support service for the economy.

    Never mind that her party became under her leadership a byword for sleaze and corruption. Those in England have grown to despise her to such an extent even her own party banned her. She is basically a combo of Reagan and Nixon and NO Americans that is NOT a good thing.

    --

    MMO Quests are like orgasms:

    You may solo them, I prefer them in a group.

  50. Re: A sad day by Dominic · · Score: 1

    Privatising the water boards might have been a "fantastically good deal" if you had lots of money to invest in the shares, before immediately selling them. Lots of people did this of course, as they did with gas, rail and all of the other things built with the people's money and then sold for knock-down prices to foreign coroporations.

    However, even the most ardent capitalist could never argue that privatising water was rational. What meaning is there to a market with no competition? If I want to have water piped to my house (and sewerage taken away) I *have* to pay Wessex Water, a Malaysian company, to do it. There's no choice. Yes, what they can charge is limited by some formula, but who cares? Nothing they do has any bearing on who I buy water from.

    Before privatisation water supply in the UK was provided on a non-profit basis by democratically-elected representatives. Now it's done by companies granted a monopoly, millions flow out of the UK as a result. Wessex Water made over 72 million pounds profit after tax in 2012, and probably close to that since. And has this resulted in lower prices for consumers due to the oh-so-efficient private sector? No. In fact, prices have been rising faster than inflation since privatisation.

    Hurrah for the free market and neoliberal ideology!

  51. Re:Right or wrong she dedicated here life to Brita by Z00L00K · · Score: 1

    I agree - she did what she believed in, I didn't agree with her politics from all perspective, but she was able to get things done. Even when she was wrong she was right.

    It may not have been the right things in all cases, but she didn't hesitate to do the necessary hard things as well as the less necessary easy.

    And from time to time a strong charismatic person that gets things done is necessary - Britain was really in a bad situation with a stagnant system and severe inflation when she took over. Her actions did hurt a lot of people, but at the same time it also opened up new opportunities.

    Considering the situation of both the EU and the US today it would certainly not be a bad time for someone like her to show up and straighten out some of the idlers in Brussels.

    --
    If builders built buildings the way programmers wrote programs, then the first woodpecker would destroy civilization.
  52. Re:I still hate her as much today as I did yesterd by Dr_Barnowl · · Score: 1

    I actually agree with that quote. But her actions don't follow it.

    Part of the problem has been caused by her sale of what were previously national assets (the North Sea oil fields, etc) at bargain basement rates, when they should have remained national assets - the very definition of the "joining together" she talks about. By all means, free enterprise when hiring companies to exploit your national assets, but the assets, and their product, should remain in public ownership.

    Part of the problem has been the swing of power and accumulation of wealth towards the oligarchs - and that may well have happened mostly after her time.

    Another problem has been that the wages of basic labour have been eroded to the point where you really are better off on the dole - the majority of recipients of tax credits for the impoverished in the UK are employed. The current Conservative party have decided to rectify this "loophole" by demanding that people enter work placements in exchange for their benefits - an epically stupid move. What employer of basic-rate labour is going to actually pay their workers a living wage, when they can just fire them, and then pick them up again on "Workfare" - they don't just get free labour paid for by the taxpayer, they get to use them as a cudgel to depress the wages of all their other workers.

  53. Re:I still hate her as much today as I did yesterd by Dr_Barnowl · · Score: 2

    I remember the milk. It wasn't just for poor children - it was for all children. They used to make special half-pint milk bottles to hand it out in. The economic stimulus must have been enormous - not only were you nurturing the workers of tomorrow, you were encouraging dairies and glass blowers. And probably forestalling many cases of rickets, a disease that has been on the upswing in the UK recently, so saving the NHS much trouble and money in the way of orthotic braces and surgery.

    And it was proper full-cream milk, not the semi-skimmed piss-water that passes for milk today. One of the more pleasant events of the school day.

  54. Agree to disagree by doghouse41 · · Score: 1

    I think the only thing that we all agree on is that you either loved or hated her.

    To some she wrecked the country, threw millions out of work, destroyed their communities.

    To others she freed us from the shackles of socialism, faced down the union barons, and made Britain stand tall in the world again.

    We will not see her like again.

  55. Annette Funicello has died by fustakrakich · · Score: 1

    And all you people can talk about is some old warhorse?

    --
    “He’s not deformed, he’s just drunk!”
  56. Re:Thatcher Thatcher Milk Snatcher by Teun · · Score: 1
    As I said, there were significant problems in society and she rightfully tackled them.

    But just the same you mention the closed shop agreements, that's where action was required, not with unionisation as such.
    The fact she got an opt-out for the EU social charter has not helped the British, only a minority of irresponsible employers reap the benefit.

    Take the example of working hours regulation, the EU rule allowed exceptions for groups like the police and military, her government extended it to the oil industry, surely the last that needed or needs such 'support' over the backs of the workers.

    --
    "The likes of Facebook and WhatsApp are free to those whose privacy is of zero value."
  57. Re:I still hate her as much today as I did yesterd by Patch86 · · Score: 1

    Ah yes, I'm sure Thatcher selling off the UK's water utilities really shook Moscow to its foundations.

    Or was it that letting people buy their own Council Houses at a bit of a discount really motivated those lazy East Germans to tear down that wall? I bet they couldn't wait to get a chance to buy a piece of their crumbling tenement (and didn't worry for a moment that perhaps West Germany wouldn't adopt exactly the same policy straight away).

  58. Anyone seen Elvis Costello around today? by blackbearnh · · Score: 1

    I think he had an appointment pending, assuming he has a good pair of hiking boots handy.

  59. Re:Right or wrong she dedicated here life to Brita by Anonymous Coward · · Score: 1

    My Father, who was a school teacher. He knew poverty as his father was a working class coal miner and was one of the people to benefit from the 'socalist' Britain after the second world war. Secondary school, University not an apprenticeship down a coal mine at 13 or 14.

    A life time dedicated to teaching children and trying to open their eyes to what they could be and I dont just mean the hours he was paid for. I also mean the hours he gave freely to run chess clubs and soccer teams etc. No glory or public aplomb , just the usual your over paid, 4 months holidays a year etc.

    Did he care? I dont believe did , You could see he got his reward by the smile on his face when one of his pupils was mention in the newspapers or on tv or even just thanked him years later at r parents evening when he was teaching their kids

    A career / vocation that meant after 25 years he was finally earning what it took me 3 years to achieve after graduating.
    A life times work destroyed by Thatcher when she destroyed huge sections of the North and Scotland and subsequent politicians of both Nu-labour and The present Conservative l Lib coalition still pursue .

  60. British Unions by Roger+W+Moore · · Score: 4, Interesting

    Economics 101: if the economy does badly, it's the fault of unions

    It is arguable whether the unions were to blame for the state of the UK economy in the 1980s but they certainly were not helping it recover. The reforms she introduced included things like requiring a vote of members before a strike could be called, limiting the terms of union leaders (before her some unions elected leaders like popes - they were elected for life), requiring one vote per member - no massive block votes. Effectively she required the unions to actually pay attention to their members - I don't see anyway that these reforms can be seen as anything but a good thing. It stopped union bosses making decisions in their own best interests rather than the interests of the workers they were supposed to be representing.

    Had she stopped there she would have been remembered as a truly great prime minister. Unfortunately having fixed the economy by making the unions function properly again she then went a lot, lot further and did a lot of damage. Her legacy would have been far greater had she been a one term prime minister.

    1. Re:British Unions by Hognoxious · · Score: 1

      Well, that makes two of us.

      Everyone else is going "cunt" or "saint".

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  61. You don't vote for parents by Roger+W+Moore · · Score: 1

    If you put a small toddler in a playpen with a kilo sack of sugar...

    Nice analogy but where it falls down is that toddlers don't get to vote for their parents. If toddlers did they might well vote for a parent who would give them a sack of sugar and let them get dangerously ill. In which case who's to blame: the parent the toddlers selected who did what they were voted in to do or the toddlers who wanted something which they should have known was bad for them?

    This is why democracy does not work. The only reason we use it is, to paraphrase Churchill, because every other type of government that has been tried so far turns out to be even worse.

    1. Re:You don't vote for parents by Hognoxious · · Score: 1

      Actually toddlers do vote. I make them sit at the table and eat their meat and veg before they have some fruit. If they eat that they can have sweets. Their mother lets them run around eating whatever they while I'm cooking proper food for them.

      Guess who they prefer.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  62. So deeply sorry... by BlueTak · · Score: 1

    Sorry that this old bitch died in her bed. Sorry for you Satan, you now have a serious rival in your kingdom.

  63. Far Too Soon by Ferretman · · Score: 1

    I met Dame Thatcher once, several years ago, just before the First Gulf War. She was amazing, bright, witty, complimentary, gracious--simply an impressive woman across the board. She helped to defeat the Russians and end the Cold War.

    She'll be missed.

    Ferret

    --
    Sic gorgiamus allos subjectatos nunc
    1. Re:Far Too Soon by gmhowell · · Score: 1

      She has been senile for a decade. I'd say she hung around too long.

      --
      Jesus was all right but his disciples were thick and ordinary. -John Lennon
  64. Re:Good ridance by nukenerd · · Score: 1

    The first female Prime Minister of the UK did nothing to promote women?

    Yes, definitely. A well known fact and matereial for an interesting psychological study.

    Women like her are aggressive in outlook. They look down on other women who do not achieve what they have, and regard other women who have as rivals to be held back. Sorry to say it, but women are much more bitchy between each other than men are, and Mrs T was a very bitchy type.

    Mrs T' s attitude could be summed up as : "I got where I did by the sweat of my brow, so could you!", very much the attitude of small business people (like the family from which she came)

  65. The Hell With Her...... by mendax · · Score: 1

    ... I'm more interested in the fact that Annette Funicello died today as well. She was better looking and probably did more good in the world than a dozen Margret Thatchers could have done.

    --
    It's really quite a simple choice: Life, Death, or Los Angeles.
  66. Re:I still hate her as much today as I did yesterd by nukenerd · · Score: 1
    Dr Barowl wrote :-

    I remember the milk. It wasn't just for poor children - it was for all children. They used to make special half-pint milk bottles to hand it out in.

    Don't know where you went to school, but where I was it was 1/3 pints. I cannot imaging today's kids not smashing all that glass up for the hell of it - an attitude I believe Mrs T should also carry some responsibility with her "everyone-for-themselves, anti-community" outlook.

  67. I'm with Waters by Sunshinerat · · Score: 2

    Brezhnev took Afghanistan.
    Begin took Beirut.
    Galtieri took the Union Jack.
    And Maggie, over lunch one day,
    Took a cruiser with all hands.
    Apparently, to make him give it back.

    --
    Load New Commander (Y/N)?
  68. Re:I still hate her as much today as I did yesterd by khallow · · Score: 1

    The reason you don't see democracy and capitalism today is because they haven't been around since... well, the beginning of the Age of Enlightenment really.

    They've been around to some degree a lot longer than the Age of Enlightenment has. For examples of some degree of democracy prior to the "Age of Enlightenment, we have ancient Athens, the Roman Republic, Iceland, Hanseatic League, Switzerland, and the Iroquois Confederacy. Wikpedia has many more examples than this.

    As to capitalism, Wikipedia indicates the modern form started in the Netherlands at the start of the 17th century, which would have been around the start of the Age of Enlightenment. The Tulipmania bubble popped in 1637. But many aspects of it such as markets, private ownership of capital, and accounting systems have been around since ancient times.

    which includes questioning the capitalist system that has been working for humanity since the dawn of time.

    That's not capitalism. IMHO the earliest economic systems would have been things like tribal communism, gift economy, and the palace economy (the first centralized economy). Trade would have been present from the very beginning. It would take a significantly organized society to even have capital worthy of the name (at least beyond personal belongings such as hand tools). From there, it's a big step to having that capital owned in a legal sense by non-leaders of the society.

    It is worth noting that the most ancient codes of law, for example, the Code of Hammurabi, does have a section which deals with contracts and trade. That would be necessary for any sort of legally recognized trade of privately owned capital to occur.

    As to capitalism's roots in the Age of Enlightenment, one can look to both John Locke and his theory of value, and later, Adam Smith and his book, "The Wealth of Nations".

    Having said all that, liberalism and so-called "progressive movements" also have their origins in ancient times. For example, the ideological divide between Sparta and Athens resembled the modern division between authoritarian and libertarian ideas. And the many conflicts over who gets represented (such as veteran soldiers in Athens or the proletariat in the Republic of Rome) echo the principles of liberalism.

    Ancient religions often contained elements which are now considered progressive such as compassion and aid for the poor or the contributing or sacrifice of resources towards a common good.

    I think rather the Age of Enlighten was unique in that it entailed the comprehensive analysis of the ideas and processes that humanity had grown up with and developed in the process the tools that would make future progress possible both in human knowledge and understanding, and our physical presence in the world.

  69. Re: A sad day by gadget+junkie · · Score: 1

    Privatising the water boards might have been a "fantastically good deal" if you had lots of money to invest in the shares, before immediately selling them. Lots of people did this of course, as they did with gas, rail and all of the other things built with the people's money and then sold for knock-down prices to foreign coroporations.

    However, even the most ardent capitalist could never argue that privatising water was rational. What meaning is there to a market with no competition? If I want to have water piped to my house (and sewerage taken away) I *have* to pay Wessex Water, a Malaysian company, to do it. There's no choice. Yes, what they can charge is limited by some formula, but who cares? Nothing they do has any bearing on who I buy water from.

    Before privatisation water supply in the UK was provided on a non-profit basis by democratically-elected representatives. Now it's done by companies granted a monopoly, millions flow out of the UK as a result. Wessex Water made over 72 million pounds profit after tax in 2012, and probably close to that since. And has this resulted in lower prices for consumers due to the oh-so-efficient private sector? No. In fact, prices have been rising faster than inflation since privatisation.

    Hurrah for the free market and neoliberal ideology!

    Do excuse me for asking, but how old are you? I was fund manager responsible for UK equity investment at the time and I can swear on my kids that:

    1. the amount you was entitled to buy was affordable, imagine 2.000 shares at less than one pound original outlay [the fully paid price was in the region of three pounds];
    2. if you mean "knock down prices" that the shares went down after the initial public offering, take care to correct the error. since many people in the general public and customer offer who were entitled to priority distribution bought the shares, the financial investors (me) got much less than they asked for. and the yield on the partly paid was in the region of 9%;
    3.for some baffling reason which I cannot for the life of me understand, some people are convinced that water can be privatised and/or that competition can be introduced.


    "non profit" does not mean free, if I pad the water company with eight layers of management made out of political cronies, the end price of water will skyrocket. Granted, I'll subsidize the water company via general taxation to hush it up, and scream from the rooftops "water is a public good which must stay in public hands", but I am only a peculiar genre of common Ponzi schemer.
    AFAIK, water companies before Maggie worked on a "Cost plus" basis: whatever it costs to distribute water plus some aside for renewing the network. In what way does it guarantee that the end price will be lower? politicians generally are quite generous with other people's money. Most of the price increase in water or other utilities bills, and the biggest happen when you have to say to customers that the real job was not providing water, or electricity, but trasferring money: in Italy, electricity bills are a big medium for getting money out of small to midsize companies to solar producers, the general public, and energy intensive industries. In any "real privatization", these will win and the money getters will lose, but that has absolutely no bearing on the cost of production.

    --
    "If a boss demands loyalty, give him integrity. But if he demands integrity, give him loyalty." (John Boyd, 1927-1997)
  70. Re: A sad day by Dominic · · Score: 1

    1. the amount you was entitled to buy was affordable, imagine 2.000 shares at less than one pound original outlay [the fully paid price was in the region of three pounds];

    Spare money to buy shares (at *any* price) might be affordable for *you* - this does not mean it's affordable for most of the population, especially if you're talking about a meaningful investment. In any case, what does it actually mean to 'buy' shares in something you already owned?

    2. if you mean "knock down prices" that the shares went down after the initial public offering, take care to correct the error. since many people in the general public and customer offer who were entitled to priority distribution bought the shares, the financial investors (me) got much less than they asked for. and the yield on the partly paid was in the region of 9%;

    No, I mean the utilities being sold-off were massively undervalued. What would it cost to build a nationwide telephone network? A lot less than was charged for BT. This was true of all of the privatisations. The taxpayers have paid a lot more to build-up those industries than the state received when they were privatised.

    "non profit" does not mean free, if I pad the water company with eight layers of management made out of political cronies, the end price of water will skyrocket.

    This is the mantra of the free-marketers, that the private sector is somehow more efficient. And yet in reality we've seen costs go up in almost every privatised utility or service (water, trains, energy, health), and we find ourselves in bizarre situations like where taxpayers put more into the trains now, under a privatised system, than they did under nationalised BR, even though we've got the highest-ever ticket prices.

    The free market is not some magic bullet. It works where there is actual competition and fails in other areas. Look at what's happening to the NHS - we're going from what is recognised as the most efficient healthcare system in the world to one 'opened-up to competition', a process that requires three more layers of beureacratic organisations and thousands more managers throughout the NHS dealing with contracts, bids, tenders and rubbish like that. None of it serves to help people actually using the NHS, but it does help Tory funders in private healthcare companies.

    For a great example of what the 'privatise everything' train of thought leads to, look at energy. We sold-off everything, including all of the institutional technical knowledge. Now we want to build nuclear we basically have to pay whatever price a French government-run company demands, which would certainly be more than if we just admitted our free-market ideology was flawed and got the state to build it for the benefit of the people, rather than some corporation. How is this sensible?

  71. Re:I still hate her as much today as I did yesterd by khallow · · Score: 1

    The reason you don't see democracy and capitalism today is because they haven't been around since... well, the beginning of the Age of Enlightenment really.

    Looking at your original statement, I still don't get why you wrote that. Capitalism and democracy are still with us. Their modern forms even started with the Age of Enlightenment (AoE). Further, you have way too broad a meaning for capitalism. Capitalism is fundamentally private ownership of the means of production.

    That means first, that there has to be a distinction between public and private. If owning a lot of stuff means I run society, then that's not capitalism. Corporatism is on the verge of that, but it's worth noting here that buying law is not the same as running society. There remains strong distinctions between the private and public worlds in most human societies.

    Second, there has to be means of production. Hand tools have been around at least as long as there have been primates who were considered humans. But capital generally refers more to bigger assets than what you can carry. Things like granaries, furnaces, ovens, shipyards, etc. Large things which enable you to make things faster or more efficiently.

    Third, there has to be ownership. Most societies, even the avidly communist ones of the 20th century allow for a degree of ownership of some personal property including various things that could be considered capital. But capitalism doesn't bound that ownership. It is possible to own factories and vast businesses. Ownership is also much more secure in capitalism. One may pay a tax on the capital, but there is no arbitrary seizure of capital. This is the huge difference between capitalist societies and ancient societies.

    For example, in Athens it was possible and often done to build up considerable wealth. However, that could be taken away from you in an instant, if a majority of the democracy voted against you. Similarly, you could be proscribed in the Roman Republic and deprived of both your property and your life (usually done to fund a depleted treasury and remove a troublesome political opponent). Admittedly, that was usually done during the times of tyranny, the most undemocratic parts of the Republic.

    So we really haven't seen capitalism till the Netherlands during the AoE. A lot has to be in place, laws, actual capital, distinction between public and private, and of course, private ownership of said capital.

  72. Re:I still hate her as much today as I did yesterd by khallow · · Score: 1

    Means of production: again, you're judging the past based on modern values.

    I think that is as it should be. I use modern values because those are the means by which capitalism is determined. That the ancients didn't know of or couldn't implement some of those values is merely more evidence that full blown capitalism is a modern construct even if parts of capitalism may predate humanity itself.

  73. Ding Dong! The Witch Is Dead by CountBrass · · Score: 1
    • Destroyed much of Britain's industry, just to remove her opponents' power base.
    • Politicised the police and used them to enforce her party politics: so much so that even today the Conservatives are so politically indebted to the police that they won't reform them.
    • She took Britain into a war over some meaningless rocks in the South Atlantic in order to divert attention from her unpopularity and an imminent kicking in the polls.
    • She destroyed our national rail network- selling it in parts to foreign companies that take truly enormous subsidies (far bigger than the old British Rail ever received) and ship their dubiously earned profits overseas (and certainly never actually invest it back!)- solely because she personally disliked travelling by rail.
    • She sold off national assets and used North Sea oil revenues to fund tax cuts for the rich.
    • She set the stage for that even bigger scum bag and her acolyte, Tony Blair: possibly the most personally corrupt prime minister this country has ever had.
    --
    Bad analogies are like waxing a monkey with a rainbow.
  74. It's almost enough to make you believe in a god by RockDoctor · · Score: 1
    ... so that there could be an eternity of torment waiting for the Bitch of Grantham.

    I just wish she had more moments of lucidity during which she'd woken up to realise she'd just shat herself in public, again. But we'll have to make do with having a fucking good party to celebrate the bitch's death.

    --
    Birds are not dinosaur descendants;birds are dinosaurs, for all useful meanings of "birds", "are" and "dinosaurs"
  75. Farewell... by iq145 · · Score: 1

    Goodbye to the most powerful woman in all history

  76. A sad goodbye... by iq145 · · Score: 1

    She changed the world, and history