Neoliberalism, Thatcherism, and the Crisis for the Left-Wing

This chapter explores the historical background that led to the emergence of Tory government policies in the UK, including curbing trade union power and reducing the welfare state. It discusses the impact of these measures on the relationship between capital and labor, the need for a new left-wing imagination, and the current stalemate for the left-wing under Keir Starmer's leadership. The chapter also compares the economic troubles in the UK to the US, highlights Brexit as an economic disaster, and discusses the Biden administration's approach to neoliberalism in contrast.