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Ronald Reagan is in large part responsible for many of the problems we face today. Him and Margaret Thatcher instituted a radical neoliberal revolution, for the
by socialdemocrat 6y ago
Ronald Reagan is in large part responsible for many of the problems we face today. Him and Margaret Thatcher instituted a radical neoliberal revolution, for the benefit of the affluent and upper middle class. The result is an angry and bitter working class which you see in many countries especially in the US, who are looking for someone to blame.
Some realize that somebody like Bernie Sanders could bring back some of their former glory while others blame minorities , immigrants and foreign countries. The vote on Trump.
But both have a sliver of the truth. The free trade extremism of neoliberalism brought every worker in direct competition with low paid labour all over the world.
At the same time the neoliberal destruction of unions deprived them of an ability to fight for their rights, wages and benefits.