Blatcherism

It has been used by critics of monetarism and economic liberalism to refer to the thesis that a policy model of the Thatcher government, distinct from one-nation conservatism, was resurrected when Blair came to power.

[1] It echoed "Butskellism", frequently used to describe the post-war consensus on a mixed economy with moderate state intervention to promote social goals, particularly in education and health.

Editorial comment by Red Pepper before the 1997 general election that brought Blair to power may be the earliest usage.

Blair was elected Leader of the Labour Party in July 1994 following the sudden death of his predecessor, John Smith.

Under Blair's leadership, the party abandoned many policies it had held for decades and embraced many of the measures enacted during Thatcher's tenure as Prime Minister, including the Building Societies (deregulation) Act of 1986.