9min chapter

Odd Lots cover image

This Is Why It's So Hard To Cut Public Spending

Odd Lots

CHAPTER

Political Reformation in the 1980s

This chapter explores the political dynamics of the early 1980s, highlighting the economic policies and public spending approaches of leaders like Ronald Reagan and Margaret Thatcher. It analyzes the impact of their ideologies on the relationship between politics and economics within capitalist states, alongside the consequences of privatization and evolving economic theories.

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