IT IS PERFECTLY NATURAL, when people see a system failing, that they should want to fix it. By the late-1970s and early-1980s it was pretty clear to everyone that the post-war economic miracle had stalled, and that all the usual remedies had been tried and had failed. Voters were in the market for something new, something that hadn’t been tried. They were hungry for an alternative.
This essay was originally posted on The Daily Blog of Thursday, 6 August 2020