Britain in the early 1970s was decayed, ungovernable and globally irrelevant, done in by the cumulative effect of postwar socialist reforms. Margaret Thatcher, who came to power as the nation’s first female prime minister in 1979, returned Britain to the realm of the great powers. Worshiped, feted, loathed and mocked, she is one of the most controversial figures of the 20th century. And now Thatcher, as interpreted by Meryl Streep, will be coming to a theater near you in the movie “The Iron Lady,”opening Dec. 30.
But even those most sympathetic to her tend to misunderstand her personality, her governing style and her accomplishments. Let’s examine these misconceptions.
1. The Iron Lady never backed down.
Not true. Her genius was her gift for choosing her battles wisely and avoiding those she couldn’t win. In 1981, for example, the National Union of Mineworkers — Britain’s most powerful union — threatened to strike. Despite urgent warnings from her advisers, Thatcher had made no preparations to withstand a conflict with the miners, and she capitulated immediately to their demands. She spent the next three years preparing to take them on: Her government stockpiled coal, devised schemes to smuggle strategic chemicals into power stations, changed the trade union laws and infiltrated MI5 spies into the miners’ inner circle.