There is no alternative

This article is part of a series about Margaret Thatcher
Bibliography Electoral history Honours MP for Finchley Public Bodies (Admission to Meetings) Act Secretary of State for Education and Science Circular 10/70 Withdrawal of school milk Leader of the Opposition Shadow Cabinet 1975 leadership election 1979 VoNC in Callaghan ministry Prime Minister of the United Kingdom Premiership Policies Thatcherism domestic economic other Appointments Ministers wets and dries Articles by ministry and term: 1979–1983 First ministry 1979 election "The lady's not for turning" "TINA" 1979 budget 1980 budget 1981 budget 1982 budget 1983 budget Falklands War Right to Buy 1983–1987 Second ministry 1983 re-election 1984 budget 1985 budget 1986 budget 1987 budget Anglo-Irish Agreement Big Bang Brighton bombing Joint Declaration Miners' strike UK rebate Westland affair 1987–1990 Third ministry 1987 re-election 1988 budget 1989 budget 1989 leadership election 1990 budget 1990 leadership election and resignation Bruges speech Poll tax Sermon on the Mound Post-premiership Ceremonial funeral Legacy Publications The Downing Street Years (1993) The Path to Power (1995) Statecraft (2003)
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"There is no alternative" (TINA) is a political slogan originally arguing that liberal capitalism is the only viable system. At the turn of the 21st century the TINA rhetoric became closely tied to neoliberalism, and its traits of liberalization and marketization. Politicians used it to justify policies of economic liberalism (or fiscal conservatism) and austerity.^[1] The slogan is strongly associated with the policies and persona of Margaret Thatcher, the British prime minister and leader of the Conservative Party during the 1980s,^[2] and, as German: alternativlos, with Angela Merkel, who served as Chancellor of Germany from 2005 until 2021.^[3]

Researchers of populism generally agree that its growth since the 1990s is the result of political elites accepting certain concepts (like free market) as unalterable truths and the associated disappearance of the political discord (so-called post-politics). This created a virtual "party cartel", where the views of established parties did not differ on policies. A rise in dissatisfaction with these policies coupled with a lack of opposition to them by mainstream parties^[3] has led to the rise of new populist parties, such as Alternative for Germany^[4] and Viktor Orbán's post-2016 version of Fidesz in Hungary.^[5]