Probably the best biog of Thatcher was by Andrew Marr.
On a personal level she would have despised spiv bankers cutting and running with bonuses as well as the general populace going credit-crazy and getting up to their eyeballs in debt. As Marr said, ‘that is the problem with freeing people. Relatively easy to know what you are setting them free from, more difficult to know what you are setting them free for’.
She polarised opinion, sure, but if it wasn’t her, someone would have had to sort out the basket case country she inherited in 1979. If the unions hadn’t rejected ‘in place of strife’ as fronted by Barbara Castle, there could have been a more gradual evolution rather than ‘right lads, that’s a few more years of not having to adapt’. By the way, they did reject it by forcing Wilson into a toothless compromise.
Unions striking for 40% pay rises, for Christ’s sake. And the government caving in time after time. Scargill saying he would pay miners to dig mud. Somebody had to sort this rabble out.
Thatcher was bang on economy-wise. To my mind, the two major failings were a massive lack of flexibility when dealing with the IRA and the same with Europe (whilst not having the backing of her party in full).
Also easy to understand her inflexibility on a human level with the IRA, though. Not easy to be objective with people who have murdered close friends of yours (Airey Neave) and tried to murder you.
The poll tax wasn’t brilliant, either.