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this post was submitted on 19 Aug 2025
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Mildly Infuriating
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But her favourite story book said that if she destroyed all the industry then the invisible hand of the free market would liberate all the workers from drudgery and they'd all become doctors and live lives of luxury and never have to do any work.
Thatcher was a die-hard believer in Ayn Rand's economics, and a core part of that is that people are poor because you give them the opportunity to be, and then through several unexplained leaps of logic, that if you take away the option to be a bit poor, instead of making everyone even poorer like obviously happens in real life, somehow they'll instantly gain qualifications in unrelated fields and become rich. It's insane, and yet somehow a wildly popular worldview among the 'intellectual' right, despite being dismissed as moronic by anyone with two braincells to rub together and every serious academic.
It's roughly equivalent to claiming we should enslave short people and call them house elves and then as a result we'll all get wands and certificates from Hogwarts that let us do magic (except the house elves, who wouldn't need wands), but then instead of being placed into a secure hospital to protect the public, you get put in charge of one of the most influential countries in the world, and by an unrelated coincidence, the North Sea Oil Boom happens and makes that country more wealthy, so then decades later, magic being accepted as fact despite being purely from a fantasy novel full of plotholes.