Neoliberalism vs Thatcherism
Neoliberalism is a policy approach that favors open markets, free trade, privatization, deregulation and limits on government spending within a global economy.
- Markets usually allocate resources more efficiently than governments.
- State owned companies should often be privatized.
- Regulations that limit competition should be reduced.
Thatcherism is the political program associated with Margaret Thatcher, combining free markets, privatization, low taxes and curbs on trade unions with a strong state, law and order and national assertiveness.
- Free markets and private enterprise create prosperity better than state ownership.
- Controlling inflation and sound money should take priority over demand management.
- Trade union power should be limited by law.
- Neoliberalism: petals and stars
- Thatcherism: dashed outline
★ Where they differ most
- Foreign policy110 points apart
Neoliberalism: Cooperation (moderate). Thatcherism: Strength (strong).
- Morality70 points apart
Neoliberalism: Progressive (mild). Thatcherism: Traditional (moderate).
- Culture65 points apart
Neoliberalism: Balanced. Thatcherism: National identity (strong).
- Structure60 points apart
Neoliberalism: Balanced. Thatcherism: Central (moderate).
★ Where they are closest
- Markets · 5 apart
- Ownership · 10 apart
- Authority · 15 apart
Axis by axis
Thatcherism
Economy
Equality / Markets- OwnershipStrong: Private15%85%PublicPrivate
- MarketsStrong: Free15%85%PlannedFree
- WelfareModerate: Self-reliant30%70%SharedSelf-reliant
State and liberty
Liberty / Authority- AuthorityMild: Strong leader45%55%DemocraticStrong leader
- SecurityMild: Order40%60%LibertyOrder
- StructureBalanced50%50%LocalCentral
Society
Progress / Tradition- MoralityMild: Progressive60%40%ProgressiveTraditional
- ReligionMild: Secular65%35%SecularReligious
- TechnologyModerate: Embrace70%30%EmbraceCaution
- CultureBalanced50%50%MulticulturalNational identity
World
Global / Nation- TradeStrong: Global93%7%GlobalProtected
- Foreign policyModerate: Cooperation68%32%CooperationStrength
★ 12 Axes Political Test ★
How close are you to Neoliberalism or Thatcherism?
Answer plain statements on 12 axes and see your match with Neoliberalism or Thatcherism and every other profile on the site, axis by axis.
FAQ
Neoliberalism vs Thatcherism
What is the difference between Neoliberalism and Thatcherism?
Neoliberalism is a policy approach that favors open markets, free trade, privatization, deregulation and limits on government spending within a global economy. Thatcherism is the political program associated with Margaret Thatcher, combining free markets, privatization, low taxes and curbs on trade unions with a strong state, law and order and national assertiveness. On the 12 axes they differ most on foreign policy, morality, culture.
What do Neoliberalism and Thatcherism have in common?
Their positions are closest on markets, ownership, authority. Overall their profiles are a 74% match on the 12 axes used by the 12 Axes Political Test.
Am I closer to Neoliberalism or Thatcherism?
Take the 12 Axes Political Test. Your result shows your match with both, and with every other ideology on the site, axis by axis.