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About: There Is No Alternative: Why Margaret Thatcher Matters     Goto   Sponge   NotDistinct   Permalink

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There Is No Alternative: Why Margaret Thatcher Matters is a 2008 biographical account of the premiership of Margaret Thatcher written by American author Claire Berlinski. The title is a reference to Margaret Thatcher's fondness for the slogan "There is no alternative" which she used to describe her belief that despite capitalism's problems, "there is no alternative" to it as an economic system, and that neoliberalism must push back against anarchism, communism and socialism. The phrase became something of a rallying cry of arguments in favor of free markets, free trade, and capitalist globalization, with Thatcher and her followers believing that it is the only way which modern societies can advance themselves.