The New Right are Wrong

February 1982
Social Alternatives;Feb82, Vol. 2 Issue 3, p49
Academic Journal
The article discusses the domination of Australia's economic policy by the ideas of the pro-market economists who are also referred to as the new right. The new right has also been influential in the United Kingdom under Margaret Thatcher's commitment to dismantling state intervention. In the United States, under President Ronald Reagan, the new right is having a major impact on the welfare of ordinary citizens. For many years after World War II, the economic policy of advanced capitalist countries followed a broad liberal concensus that was based on the economic theories of J. M. Keynes.


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