The Iron Lady primarily focuses on Margaret Thatcher’s life and political career, offering a character-driven narrative rooted in historical events. There is little evidence of modern ideological identity-driven casting or forced representation; Meryl Streep’s acclaimed performance is front and center. Identity themes are present only as context for Thatcher's experience, not as an imposition.

The film treats tradition, family, and Britain's political legacy with gravity, though it does question the personal costs of power and leadership. There is some critique of Thatcher’s politics, but it avoids condemning traditional values outright or mocking masculinity and religion in overtly ideological ways.

The film examines various perspectives, offering both praise and criticism of Thatcher and her era. It doesn't strictly demonize traditionalism but does focus more on the complexities and challenges Thatcher faced than on championing alternative ideologies, so some limited pluralism is present.