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By the end of the 1970s Britain was in a mess.
It was always said that the big distinction between the French and the English is that the English are intelligent and the French are intellectual.
Socialists make the mistake of confusing individual worth with success. They believe you cannot allow people to succeed in case those who fail feel worthless.
So all the system was running down and collapsing. Mrs. Thatcher became the leader of the Conservative Party in February 1975, and she clearly wanted to strike out and do something different.