Margaret Thatcher like all previous, present and future prime ministers of Britain was an enthusiastic supporter of capitalism. She depicted capitalism as a "property owning democracy" as her government rushed to sell off council homes. Today such a boast about capitalism must seem somewhat empty to thousands of workers who find themselves the victims of this "property owning democracy". According to the Centre for Economic and Business Research the statistics would seem to suggest that this particular Thatcher dream about capitalism has turned into a nightmare. "650,000 households are struggling to pay the mortgage. 117,000 people are in arrears." (Sunday Times, 3 April) RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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