Maggies Farm is a Dylan song from the 1960s.
it's probably about a commune. Communes were a scam: a trust owned it but really it was someone who ran it and people would come and work and leave soon after, so someone would basically let people be slaves for 30 or so days, and then haze them out of the place. Hence "i ain't working at maggies farm no more"
Thatcher didn't show up on the political scene till long long after.