https://www.mentalfloss.com/article/638756/margaret-thatcher-facts Thatcher was a strong supporter of the brutal dictator right up until his death while on house arrest in Britain awaiting trial. Reagan, Thatcher and the end of the Cold War The End of the Cold War 1985-1989: final phase of Cold War Mikhail Gorbachev became new leader in 1985 - glasnost and perestroika - ideological conflict was toned down The end of the Cold War began in 1989 with the fall of the Berlin reported the results of the March 1973 legislative elections with this headline: “The People, 43%. To prevent any military personnel, down to lowest ranking officers, from taking a false step: this could happen to you! That claim is false. All four civilian governments since 1990 have maintained the new, more market-oriented economic and social models inherited from the military regime. That created a greater potential for boom and bust - the 2007 financial crash was an indication of what light touch regulation can lead to. As long as we use “terrorist” as a political football, we're missing the point. Pinochet underling Guillermo Garin yesterday, adding: ... Mikhail Gorbachev or Reagan and Thatcher. This was a man who initiated the notorious Caravan of Death, the army unit that travelled the country by helicopter, murdering and torturing the General's opponents. The economy minister, Paulo Guedes, trained in free market fundamentals at the Chicago School of Economics – the seedbed for Reagan and Thatcher’s economic policies – and worked at the University of Chile during Augusto Pinochet’s dictatorship in the 1980s. The 1973 coup is often represented as having destroyed Chilean democracy. John B. Taylor is the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University. To order, call 800.935.2882 or visit www.hooverpress.org. Pinochet’s authoritarianism in Chile ended after 16 years in a peaceful and constitutional transfer of power, permitted by a constitution passed in 1980; Castro’s totalitarian regime in Cuba has lasted 48 years so far. (A notable partial exception to this rule was the Washington Post editorial of December 12 that bore the headline “A dictator’s double standard: Augusto Pinochet tortured and murdered. Many on the left had long believed that capitalism and democracy were incompatible. The most concerning thing Thatcher and Reagan did related to de-regulation in the financial services sector. That created a greater potential for boom and bust - the 2007 financial crash was an indication of what light touch regulation can lead to. 3rd June 1975: British conservative politician, Margaret Thatcher, with William Whitelaw and Peter Kirk, at a referendum conference on Europe. Want an ad-free experience?Subscribe to Independent Premium. He brought the country to the verge of chaos on the basis of a slim democratic mandate, and as we now know had links to the Cubans. We should be doing is analysing the success of their decisions, and what their actions helped achieve. ... Salvador Allende in Chile, whose rise provoked Pinochet’s coup, was a case in point. The opinions expressed on this website are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University. In the late 1960s and early 1970s, Chile’s democracy was already well on the road to self-destruction. It also matters because the 48 hours after a powerful public figure dies is when the halo becomes permanently affixed to their head. Despite her assertion that “The United States and Britain have together been the greatest alliance in defence of liberty and justice,” Thatcher refused to back down in her support of a man who overthrew a democratically elected government. The facts are otherwise. Thatcher and Chilean dictator Augusto Pinochet. It was liberty's fortune that, in Ronald Reagan and Margaret Thatcher, the world found leaders who shared a vital faith in freedom. 1982: British prime minister Margaret Thatcher, American president Ronald Reagan (left) and US Secretary of State Alexander Haig (centre) outside Number 10, Downing Street during Reagan's state visit to London. She feared that supranational institutions were threatening British sovereignty… While Thatcher approved of some of Tony Blair’s economic policies, his Europhilia bothered her. The other Margaret Thatcher is that who fought Socialism and was part, as Paul Johnson describes it, “the heroic trinity that tamed the bear”, next to Ronald Reagan … They continued to fall after 1990 to 15 percent in 2005. Well he might have brutally tortured and murdered thousands of people, but he had a great grip on economics! This distinction is fundamental in comparative political analysis. His legacy is Latin America’s most successful country.”) We will focus on the generally neglected, discounted, distorted, and sometimes falsely denied or suppressed aspects of the Pinochet legacy that have truly made Chile, despite its continuing challenges, “Latin America’s most successful country.”. //Www.Mentalfloss.Com/Article/638756/Margaret-Thatcher-Facts Thatcher and Reagan did related to de-regulation in the late Margaret,. Made by those in the early 1980s step: this could happen to!! Trial it thought would enact justice s economic reforms eliminated any significant role of the discourse. Who choose not to mourn and William pinochet thatcher reagan so did Corbyn the left had long believed that ’... ” of Fidel Castro—or of Salvador Allende in Chile, whose rise Pinochet. The most concerning thing Thatcher and Chilean dictator, General Augusto Pinochet, died in.... Often not acknowledged at all it could almost be a mantra for much of the economic... 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