There Is No Alternative: Why Margaret Thatcher Matters

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 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.

The primary focus of the biography is a favorable account of the Thatcher years, arguing that much like Thatcher's ideology, there was no alternative after the malaise of the 1970s but to embrace a leader like Thatcher. Berlinski argues that much of how the world is currently organized today is as a result of her, and because of this she matters to modern society even today.

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There Is No Alternative: Why Margaret Thatcher Matters - Critical Reception
... and Mail "Without being a hagiography, it is about as powerful a defense of Thatcher's record as is likely ever to be written." In a review on The Scotsman Michael Fry argued that the book is an unremarkable ... the timing of a positive biography on Margaret Thatcher was quite ironic, saying "She says Thatcher was enormously significant ... adopts an interesting style by reproducing interviews with some major players and observers of Thatcher's time ...

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