Margaret Thatcher usually gets the credit (or the blame) for Britain’s neoliberal turn from the late 1970s. But it was her Labour predecessor James Callaghan who took the first key steps away from the social democratic reforms his party had carried out: jacobin.com/2026/09/labour-c…

Sep 28, 2026 · 6:35 PM UTC

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Replying to @jacobin
Wrong. It was introduced under the Heath Government. See chapter two: amazon.co.uk/Cuts-Privatizat…

Cuts, Privatization and Resistance: Neoliberalism and the Local State 1974 - 1987

Offering a clear, concise, and highly original account of the effects of spending and other restrictions imposed on local authorities in the second half of the 20th century, this book discusses an...

amazon.co.uk
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Replying to @jacobin
It was the same in Australia Hawke ushered in new liberalism I will never forgive him
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Replying to @jacobin
It's a very poor article. The author still thinks markets should be respected & central banks are independent. Doesn't realise trade barriers and industrial policy is badly thought out policy shoring up the failing paradigm, not changing it. Burnham, jeez, he's pure neoliberal.
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Replying to @jacobin
Love this take
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Replying to @jacobin
Sure and Thatcher put us on the path to Socialism..
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