There is some discussion in the media of a Margaret Thatcher Memorial library, as a way of preserving her memory. It is common for retired presidents of the United States to create a library where their monumental decisions, which could have affected a world, are recorded.
They are mostly vanity projects, but may as with Franklin D. Roosevelt’s or JFK’s libraries be of wider significance and they do fall under the supervision of the NARA.
Whilst the American tax system encourages philanthropic gestures from the excessively wealthy to help create and maintain such libraries, that is not true in Britain. 
That is part of the reason why I can not see it coming off, at least in the short term. There is a significant reluctance amongst the obscenely rich in Britain to put their hand in their own pockets for the benefit of others.
We are going to witness this next week, as Margaret Thatcher’s funeral will be paid for, mostly, by the State, which is extraordinary.
Not for nearly 50 years taxpayers have had to pay for an ex-Prime Minister’s burial and then only for the exceptional Winston Churchill, when he died in 1965. Even the matchless Clement Attlee, creator of the NHS along with Nye Bevan, had private funerals, which their families paid for.
It is more probable that any Thatcher Memorial library be sponsored or maintain, in part, by Her Majesty’s Government, directly or indirectly. Those who made a packet out of Thatcher’s misrule, bankers, speculators and spivs would only begrudgingly part with money if they can share in some of the reflected glory.
Even if it gets built, with private money and no state sponsorship, then how would it continue running? Who would bear the costs?
Certainly, Thatcher’s estate rumoured to be worth in excess of £60 million could afford it, but her mean spirited offspring are unlikely to give up any significant funds. And if it could be built, money found to keep it going, what would it contain?
Some tawdry copies of the Daily Mail? Or perhaps the knife, which the Tories plunged into Thatcher’s back in 1991, causing her resignation, would be made a prime exhibit?
All in all, it is a terrible idea, based on questionable assumptions, for a political philosophy more accustomed to closinglibraries than opening them.
Update 1: Apparently, the political comedian behind the Thatcher Memorial library is Donal Blaney. He’s a questionable individual, only too willing to make excuses for the fascist dictator, Augusto Pinochet. This link to Tory HQ shows the political pathology at the heart of British conservative thinking, the relativising of Pinochet’s atrocious regime.
Update 2: The Beeb seems to approve of this idea, or at least that is the tone of this news piece.
Soupy One 