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The Thatcher Government helped create conditions for a new political economy to emerge in Britain after 1992 which has provided a sustained period of economic growth and financial stability. Its reforms were consolidated and extended by the Blair Government. The article will discuss the historical trajectory of the British economy in the postwar years, and the choice between Europe and America. It will examine why the UK model is once again claimed to be a success, and whether it is sustainable.
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British post-war history has been dominated by decline. The English model of capitalism in the nineteenth century appeared to sweep all before it, and made Britain the most modern economy, the economy which Marx believed showed to others the image of their own future...
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Common topics in this essay:
- The British Economic Miracle
- Margaret Thatcher
- Margaret Thatcher
- margaret thatcher
- Margaret Thatcher
- Margaret Thatcher
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