Thatcherismnoun [ U ]
uk/ˈθætʃ.ər.ɪ.zəm//ˈθætʃ.ɚ.ɪ.zəm/the political ideas and policies of the former Prime Minister of the United Kingdom, Margaret Thatcher, especially the idea that industries and services should be owned by private companies, not by the state:
They debated the freemarket capitalist economic policies of 1980s Thatcherism.