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The Origin of the 'There Is No Alternative' Phrase and Its Influence
The phrase 'there's no real alternative' was originally used in a 1980 speech by Margaret Thatcher to refer to neoliberal economic policies involving deregulation and free market thinking. This phrase came to represent a worldview where the economic status quo was seen as inevitable, dismissing the idea of a different, better world as utopian. The speech and the phrase reflected the idea that there was no alternative to the economic policies of the time, presenting them as the only viable option.