Special Edition. Malcom Kyeyune: The Twilight of the Western Elites
Multipolarity
The Rise and Fall of the Economic Model
After the second World War, Western economies did not want to repeat the mistakes that led to mass unemployment during the Great Depression and loss of economic production. So here comes Reagan and Thatcher and the ideas of people like Milton Friedman. And what we'll do is cut away a lot of social programs. But then over time, that process is eaten away at old industrial capacity. It's eaten away at the social fabric. Now again, we're having a crack up like we did in the 1970s like we didin the 1930s. And we're just looking for another, another economic model that can solve some of the problems that we've got now.
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