Thatcherism rode a global capitalist restructuring that current austerity lacks
Evidence
The UK, the first capitalist country, is the world capital of apathy, diffidence and reflexive impotence. But it is also a country that periodically explodes into rage. Beneath todays’s ideological trance, beneath the capitalist realist hopelessness, an anger simmers here that it is our task to focus and coordinate. Public displays of rage can play an enormously significant role in shifting the symbolic terrain that is currently governed by capitalist realism. I know there are some who see parallels between now and the initial phases of the first Thatcher government. But Thatcher had a number of factors on her side which the Bullingdon boys don’t. Firstly, Thatcherism was part of a wider global restructuring of capitalism — the objective tide of history was on its side. But global capital has not yet found a solution to the problems that led to the banking crisis. — Mark Fisher (edited by Darren Ambrose), K-Punk, 1471
Categorization
- XREF: Directly echoes Fisher’s capitalist realism and hauntology concerns; the Thatcher-parallel warning recalls his 2010-11 essays on the cuts. — connects to: Thatcherism was a global phase of capitalism disguised as nationalism; Thatcherism’s nationalist guise masked a deeper global transformation — Stuart Hall, Essential Essays, Volume 2: Identity…, 1150; Thatcherism was a local response to global economic pressures
Broader Connections
- Thatcherism was a global phase of capitalism disguised as nationalism
#corroborates(0.92) - Thatcherism’s nationalist guise masked a deeper global transformation
#corroborates(0.88) — Stuart Hall, Essential Essays, Volume 2, 1150 - Thatcherism was a local response to global economic pressures
#qualifies(0.75)