In an unsafe era

Author: [UK] Larry Elliott / Dan Atkinson / Cao Dapeng
Publisher:
Publish Date: 2003-03-21
Features: This book reviews and summarizes the development of the United Kingdom in the second half of the 20th century. The authors emphasize that the result of the UK's implementation of privatization and liberalization is the liberalization of capital, where the people are controlled, while the third way of social democracy has led to chaos in the financial order and the economy. The authors advocate for regulating capital operations and safeguarding the interests of the people. This book reviews and summarizes the development of the UK in the 50 years of the second half of the 20th century, describing cultural changes, economic thought fluctuations, privatization processes, and political changes. The authors particularly emphasize that in the 1970s and 1980s, the result of the UK's privatization and liberalization was the liberalization of capital, where the people were controlled. Social democrats attempted to find a third way between capitalism and socialism, but this third way brought chaos to the financial order and the economy, making people's lives more unstable and insecure. The authors advocate for imposing restrictions on capital to prevent violations and granting the people more security for state-owned enterprises. As long as people consciously act, this goal can be achieved.