THATCHER'S HALF-REVOLUTION

THATCHER'S HALF-REVOLUTION

Will Hutton

's prime minister in 1979. Her reply: "Everything."
Eight years later, both before and after her re-election this past June, she outlined what she had accomplished, or hoped to, with a series of catch phrases. "People's capitalism." A "lame-duck economy. . . [turned]...bulldog economy." "Every earner an owner." "An England free of socialism."
Pundits lumped it all together: The "Thatcher Revolution."
Revolution is not a term to be used...

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