There was a time when radical economic ideas came from the political right. Fed up with failed government intervention in business, high inflation, unions preventing modernisation and a welfare state seen as too comfortable for those out of work, the Reagan and Thatcher governments of the 1980s tore down the boundaries of the state. They were copied to varying degrees by other advanced economies, enjoyed popular support and consigned the left to be small “c” conservatives, defending the old ways.
曾經有一段時間,激進的經濟思想來自于政治右翼。由于受夠了政府失敗的商業干預、高通脹、工會阻礙現代化,以及被認為讓無業者過于安逸的福利國家,上世紀80年代的里根(Reagan)和撒切爾(Thatcher)政府打破了政府的邊界。他們在不同程度上被其他發達經濟體效仿,獲得了民眾支持,使左翼淪為捍衛舊模式的保守派。