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Monetarism and Political Shifts in the UK
This chapter explores the rise of monetarism in the late 1970s UK, highlighting key political figures and their influence on economic policies leading up to the 1979 election. The discussion emphasizes the changing dynamics between public and private sector management and the consequences of free market principles on local industries and job markets. Furthermore, it examines the complex relationship between UK and US economic policies, touching on the implications of leadership styles and corporate power in shaping public perception.
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