From Thatcher to Trump and Brexit
Nov 10 2024 The Guardian
“The free market experiment has failed, free trade is out, and populism is rife but it can be defeated if the left can galvanise ideas into a credible plan”
Lesson 1 - free-market experiment has failed.
Lesson 2 - ideas matter.
Lesson 3 - populism will continue to flourish until the left comes up with a credible and deliverable economic plan.
Lesson 4 - the world’s economic centre of gravity has moved from west to east and from north to south.
Lesson 5 - globalisation has gone into reverse.
Lesson 6 (“as the Guardian’s resident Eurosceptic”) - those who say Brexit has failed are not just jumping the gun but need to look across the Channel.
Lesson 7 - final lesson from the past 36 years is this: it is always worth questioning the status quo. Just because something is the received wisdom doesn’t mean it is right.
