Mildly Infuriating

Steal the cake from the public.

Slice it up and sell the slices to the fatcats at discounted prices.

Throw a few crumbs towards members of the public and claim that "now everybody can own it".

It's been the neoliberal strategy for privatizing public assets since the very start.

It being obviously fucking stupid to anyone with the slightest grasp of reality doesn't mean that Thatcher didn't think it was true and wasn't one of the people unwilling to think. She should have been sectioned for being deluded into thinking Atlas Shrugged was real life, but instead managed to get elected, and decades later, we're still dealing with the consequences of putting the country in the hands of someone guided predominantly by their favourite storybook.

There's really clear evidence that there was an attempt to make normal people buy stocks in water companies in the fact that there was heavy television advertising in the run-up to privatisation encouraging people to buy stocks in water companies while they were still a fixed price. Post-Thatcher privatisation of UK infrastructure and public services, on the other hand, has always been done behind closed doors straight into the hands of hedge funds, venture capital, and individuals capable of buying the whole thing. The end result is always the service going to shit once there's a profit motive conflicting with the service motive, but if you compare the percentage of these companies that are owned by pension funds and individuals who hold less than a few hundred pounds worth, it's clear that the water companies have much more of their ultimate ownership in the hands of normal people than, for example Royal Mail. Obviously (to sane people), it's way less than if the state owned the water companies, but it's not nothing.

Accusing a post of whitewashing Thatcher when its opening line explicitly states she was evil is a pretty big leap. Calling someone evil should be the opposite of whitewashing, and isn't inconsistent with saying they thought they were helping. Plenty of evil people are deluded into thinking they're doing something moral and that, because of that, the ends will justify their amoral means, or they don't even notice their means are amoral.

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.

Its fucking wild to read the take of "Thatcher actually really cared". What's next, Reagen really thought he was helping all those people when he was shutting down mental health facilities?