HomeNewsOpinionReagan and Thatcher's conservatism must be rescued from Trump and Johnson

Reagan and Thatcher's conservatism must be rescued from Trump and Johnson

The leaders of the UK and the US shaped an activist yet efficient type of conservatism that unleashed business at home, stood up to tyranny abroad, and addressed pressing contemporary problems. To fight the populist capture of the Conservative Party in the UK and Republican Party in the US, conservatives need to think carefully about how to fix the machinery of free-market capitalism

July 06, 2023 / 09:58 IST
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The leaders of the UK and the US shaped an activist yet efficient type of conservatism that unleashed business at home and stood up to tyranny abroad. (Source: Bloomberg)

In the 1980s, Margaret Thatcher and Ronald Reagan marched arm-in-arm to global triumph. The leaders of the UK and the US shaped an activist yet efficient type of conservatism that unleashed business at home and stood up to tyranny abroad. It managed to draw on the time-honored instincts of the doctrine while also addressing pressing contemporary problems. Their successors — not just John Major and George HW Bush, who replaced them in office, but also Tony Blair and Bill Clinton, who came after — tweaked a few details while preserving the ideological synthesis. For three decades, as the Iron Curtain melted away, privatisation and deregulation spread around the world.

In recent years, Boris Johnson and Donald Trump have also marched arm-in-arm but not even their most slavish fans would describe the result as a triumph. On both sides of the Atlantic, conservatism is in the grip of a general crisis: a crisis of praxis, identity and direction. It goes deeper than the considerable personal and legal problems of Johnson and Trump; and it is more troubling than the Republican and Conservative parties’ romance with populism and the politics of anger. That entanglement — while dominating the news — was itself a symptom of a pre-existing malaise.

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The profound transformation of Anglo-American conservatism over the past couple of decades, aided and abetted by unashamedly partisan media outlets, has left both the Tories in the UK and the Republicans in the US dangerously unmoored. As a result, they will be vulnerable to powerful forces that are pushing the world in profoundly unconservative directions.

Can conservatism be saved?