Lyric discussion by vambo 

Cover art for Free World lyrics by Kirsty MacColl

Absolutely about Thatcher. The pocketful of plastic is about credit cards, as in the "dollar on elastic". It is about how we were encouraged to spend without thinking.

"If I wore your shades could I share your point of view" refers to Thatchers blinkered vision of what was good for us. Actually it was just about what is good for her......