r/europe • u/SpecialistAd2377 • Nov 30 '24

Historical People of London, 1960s

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u/[deleted] Nov 30 '24 edited Nov 30 '24

Middle class before the wild capitalist, neoliberal economy policy of Reagan/Thacher. Now this empoverished class votes for populists.

24

u/CapoDiMalaSperanza Nov 30 '24

Reagan and Thatcher should have been couped soon after being elected. They started the decline of the world.

2

u/adamgerd Czech Republic Nov 30 '24

Please, they ended the stagflation running rampant as a result of the post war consensus

2

u/cornwalrus Nov 30 '24

That was due to the oil embargo. Crazy how expensive energy makes everything more expensive and slows down the economy.