The U.K.’s first and, to-date, only female Prime Minister Margaret Thatcher died Monday after suffering a stroke at age 87. The “Iron Lady” of British politics led her Conservative Party to three consecutive election wins and held office for 11 years, the longest tenure of any British Prime Minister in the 20th century.
In his farewell to Thatcher, conservative columnist George Will wrote today that she “helped bury socialism as a doctrine of governance.” On Monday’s The Last Word, however, msnbc’s Lawrence O’Donnell challenged Thatcher’s image as a champion of conservative ideals and policies. “To believe that the Soviet Union would be thriving today were it not for Reagan and Thatcher is to believe that communism is a good idea,” said O’Donnell, who argued that the USSR in fact collapsed on its own.
“The other false credit Margaret Thatcher gets,” O’Donnell continued, “is for killing socialism and burying it.” He cited example after example of policies that were indicative of “her unyielding support for socialism.”
Thatcher said of Britain’s health care sector: “The principle that adequate health care should be provided for all, regardless of ability to pay, must be the foundation of any arrangements for financing the Health Service.”
“She did not think health care should be left to the vicissitudes of capitalism,” O’Donnell said, describing her support for Britain’s government-funded pension and social security systems, which he called “socialist programs.”








