Margaret Thatcher’s tenure as prime minister of the United Kingdom ended 35 years ago this month.

In her final week in office, during a debate in Parliament on inequality, she raised one hand high and the other low to illustrate the gap between rich and poor. Then, with a sharp motion, she thrust both hands upward, showing that, yes, the gap was widening, but everyone was moving up: a development preferable, she believed, to a leveling-down society where envy replaced aspiration.

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Baroness Thatcher’s political career was, in large measure, defined by championing freedom and fighting against collectivism. Great Britain was struggling with stag

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