Three decades after the election of Margaret Thatcher as Prime Minister, it is perhaps time to take stock of the concept of 'Thatcherism' and the prominent role it has played in the history of post-war Britain. Of course, there is much debate about what Thatcherism actually was or is. Some commentators argue that Thatcherism was more noteworthy for its rhetoric than for its achievements. The welfare state, for example, emerged little changed...